Freedom: India's prime minister Narendra Modi addresses the nation during Independence Day (15) celebrations at the Red Fort in Delhi
Money-Advice-Trust

INDIA will launch its first manned space mission by 2022 and roll out a health insurance scheme from September, prime minister Narendra Modi said today (15) in his last Independence Day speech ahead of next year’s general election.

Modi, a powerful speaker who will seek re-election in the world’s biggest democracy early next year, used the speech to broadcast his government’s achievements, amid concerns about lack of jobs and rising violence against the Muslim minority.

Wearing a flowing saffron turban, the leader of the Bharatiya Janata Party (BJP) also announced the plan to take the “Indian tricolour to space” in a manned mission that would make India the fourth nation to launch one, after the US, Russia and China.

“India is proud of our scientists, who are excelling in their research and are at the forefront of innovation,” Modi said from the ramparts of the Mughal-era Red Fort in Delhi to a crowd numbering in the tens of thousands.

“In the year 2022 or, if possible, before, India will unfurl the tricolour in space.”

Agenda: India will hold a general election next year

Months after Modi’s election in 2014, India became the first Asian nation to reach Mars when its first mission to the red planet entered orbit, at a cost of $74 million, or less than the budget of the Hollywood space blockbuster Gravity.

Modi said his government would launch from September 25 a previously announced medical insurance scheme, dubbed ‘Modicare’, to give about 500 million poor people annual health cover of Rs 500,000 ($7,200) to treat serious illness.

“It is essential to ensure that we free the poor of India from the clutches of poverty in which they cannot afford health care,” he added.

Critics say that while Modi has adopted several initiatives, his tenure has been marred by violence against Muslim cattle traders and economic jolts through a countrywide ban on high-value notes and the botched launch of a unified taxation system.

Businesses have embraced the unified Goods and Services Tax (GST) after initial hiccups, Modi said in his speech.

In his 80-minute speech, Modi said the pace of building highways, electrifying villages and building toilets has increased since his landslide 2014 election win that devastated the main opposition Congress party.

Congress, which had ruled India for decades, is now trying to unify the opposition to challenge Modi, whose personal ratings remain high despite recent election setbacks.

“We want to progress more. There is no question of stopping or getting tired on the way,” Modi said.

“India is now the land of reform, perform and transform. We are poised for record economic growth,” the prime minister said.

“Today the world says that the sleeping elephant has woken up, is walking and has joined the race,” Modi added.

India has seen annual economic growth of about seven per cent since he took over – though the rupee is now under attack in the fallout from the Turkey lira crisis.

(Reuters, AFP)