New Delhi, Aug. 15 -- In his 12th Independence Day address to the nation, Prime Minister Narendra Modi delivered bold announcements that indicate India is poised to make significant progress into the future.

PM Modi outlined plans for various initiatives, including the production of India's first semiconductor chip, the development of jet engines, the creation of Rs.1 lakh crore in youth employment opportunities, and a tenfold expansion of the nuclear program.

He presented his vision for "Naya Bharat" (New India) and set the goal of transforming India into a developed nation by 2047. Key points from PM Modi's address included:

1.Semiconductors: From Lost Decades to Mission Mode

Recalling how attempts to set up semiconductor factories ...