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PM Modi's Independence Day speech decoded in numbers

From ramparts of Red Fort, PM rattled off numbers pertaining to demonetisation, GDP, black money

Prime Minister Narendra Modi gestures while addressing the nation during the 71st Independence Day function at the historic Red Fort in New Delhi. (Photo: PTI)
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Prime Minister Narendra Modi gestures while addressing the nation during the 71st Independence Day function at the historic Red Fort in New Delhi. (Photo: PTI)

Archis Mohan New Delhi
  • PM’s speech was 57-minutes long, his shortest of the four speeches
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  • Last year, PM had delivered a 96-minute long speech, the longest ever by an Indian PM from Red Fort
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  • PM said govt has confiscated benami properties worth Rs 800 crore
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  • Modi said he has resolved to complete 99 big projects before 2019
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  • In three years, we have confiscated black money worth Rs. 1.25 lakh crore
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  • Demonetisation led to Rs 3 lakh crores coming into the banking system
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  • Post demonetisation, more than Rs 1.75 lakh crore deposited in banks under scanner
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  • Black money worth Rs. 2 lakh crore had to be deposited in the banks
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  • Number of new taxpayers filing income tax returns more than doubled from 2.2 million last year to 5.6 million
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  • Over 1.8 million people identified whose income higher than their declared income
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  • Around 450,000 people have come forward and are trying to trade the right path after accepting their mistakes
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  • Post demonetisation, data revealed there are 300,000 shell companies dealing in Hawala transactions
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  • Out of these 300,000 shell companies, registration of 175,000 companies cancelled
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  • As many as 400 companies have been found to be operating from one address.
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  • Post GST rollout, truck drivers able to save 30% travel time
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  • 30% increase in efficiency after GST
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  • Digital transactions increased by 34%, prepaid transactions gone up by 44%
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  • Roads and railway tracks being built at twice the speed
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  • 14,000 villages electrified
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  • Bank accounts of 290 million  people opened
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  • More than 90 million farmers now have soil health card
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  • More than 20 million BPL families have LPG
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  • More than 80 million loans sanctioned under MUDRA scheme
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  • From 32.5 million in 2014, PM crop insurance scheme to soon cover 57.5 million farmers
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  • Last three years, set up 6 IITs, 7 new IIMs and 8 new IIITs