Modi to Address Nation: Big Bet Shifts from Corporates to India’s Middle Class

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Modi to Address Nation

Modi to Address Nation- Prime Minister Narendra Modi is set to address the nation with a major policy shift that puts India’s growing middle class and small consumers at the center of the country’s economic strategy, moving away from earlier bets on big corporates. The latest government measures, like the GST Bachat Mahotsav and expanded income tax relief, mark a new direction that’s likely to shape India’s consumption-driven economy for years to come.

Modi to Address Nation: From Corporates to Common People

The much-awaited announcement, “Modi to Address Nation,” is more than just a speech—it signals a shift in India’s economic mindset. While previous years saw significant tax cuts for corporates with the hope of job creation and economic trickle-down, this move didn’t deliver the expected results. Despite record corporate profits, wage growth and employment didn’t pick up pace. Instead, middle-class taxpayers began to outpace corporates in direct tax contributions, prompting the government to reconsider who should drive the next phase of growth.

A Big Bet on India’s Middle Class

As Modi to address nation, the spotlight moves to India’s burgeoning middle class and small buyers. The GST rate rationalisation, launching as part of the “GST Bachat Utsav,” is crafted to leave more money in the hands of everyday consumers. Combined with expanded income tax relief announced in the 2025-26 budget—income up to ₹12 lakh now tax-exempt—these reforms offer a double boon to middle-class families. The aim is clear: more disposable income means greater consumption, which in turn acts as the primary engine of economic growth.

India’s private consumption already accounts for over 61% of nominal GDP, and further boosting spending power through these tax changes is expected to add momentum to this growth. The government predicts annual consumer savings exceeding ₹2.5 lakh crore as a result of these measures. This faith in everyday Indians succeeds the disappointment faced after previous reliefs to corporates failed to spur job creation or higher wages.

GST Bachat Mahotsav: A Festival of Savings

As Modi to address nation today, the “GST Bachat Mahotsav” kicks off. This innovative campaign targets the real drivers of India’s economy—the poor, the new and traditional middle class, youth, farmers, traders, and small entrepreneurs. The government hopes that putting cash directly into the people’s hands, rather than hoping for indirect effects from corporate incentives, will boost demand for goods and services across all sectors. In his address, Modi emphasized that “25 crore Indians who’ve emerged from poverty now form the country’s neo-middle class, aspirational and central to India’s future.”

New Economic Vision: Viksit Bharat by 2047

“Modi to Address Nation” encapsulates the Prime Minister’s vision for a developed (Viksit) India by 2047, requiring sustained GDP growth rates of at least 8%. The government’s renewed trust in small consumers and their consumption power underpins this vision. With targeted tax reliefs and the launch of next-gen GST reforms, the administration is helping the middle class earn, save, and spend more—hoping to ignite a consumption boom that energizes India’s growth story.

Conclusion: A Bold Shift for India’s Growth

With Modi to address nation, the government is turning the page on policies favoring corporations and betting big on India’s rising consumer class. Through GST and income tax reforms, the Modi administration is handing the growth baton to the very people whose aspirations and spending will shape Viksit Bharat. The world will now watch if this trust in small consumers pays off and propels India into its next economic chapter.

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