India grew fastest among major economies in 2023: President Murmu tells Parliament
October 3, 2026
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India grew fastest among major economies in 2023: President Murmu tells Parliament

Against the backdrop of global economic dynamics, India's remarkable growth trajectory in 2023 takes centre stage as President Droupadi Murmu addresses the Parliament. With an assertion that India has outpaced other major economies in terms of growth, the President's message underscores the nation's resilience and economic vibrancy in navigating the challenges of the contemporary landscape

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Jan 31, 2024, 01:00 pm IST
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President Droupadi Murmu addressing joint sitting of two Houses of Parliament

President Droupadi Murmu addressing joint sitting of two Houses of Parliament

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President Droupadi Murmu, addressing a joint sitting of Parliament on January 31, asserted that 2023 was a historic year for the country when it maintained the tag of being the fastest-growing major economy.

“The year 2023 was a historic year for India, when it grew the fastest among major economies despite global crisis. India grew about 7.5 per cent for two consecutive quarters,” she told the Parliament, on behalf of the Union Government.

The Indian economy grew 7.8 per cent and 7.6 per cent, respectively, during the April-June and July-September quarter of the current financial year 2023-24, thus remaining the fastest-growing major economy.

With her address marked the start of the Budget Session of Parliament. Subject to the exigencies of Government business, the Session may conclude on February 9. This is President Droupadi Murmu’s first address in the new Parliament building.

“…This is my first address in the new Parliament building. This grand building has been built at the beginning of the Amrit Kaal. This has the fragrance of ‘Ek Bharat, Shreshth Bharat’…This also has the resolve to honour democratic and parliamentary traditions. Besides this, it also has the resolve to build new traditions of the new India of the 21st century,” Droupadi Murmu said.

#WATCH | Budget Session | President Droupadi Murmu addresses a joint session of both Houses at the new Parliament building.

She says, "…This is my first address in the new Parliament building. This grand building has been built at the beginning of the Amrit Kaal. This has the… pic.twitter.com/wKMzMihnos

— ANI (@ANI) January 31, 2024

 

“I am confident that there will be meaningful conversation on policies, in this new building,” the President said.

Speaking about her Government, she said, “The achievements that we see today are the extension of the practices of the last 10 years. We heard the slogan of ‘Gareebi Hatao’ since our childhood. Today, for the first time in our lives, we see poverty being alleviated on a large scale.”

#WATCH | Budget Session | President Droupadi Murmu addresses a joint session of both Houses at the new Parliament building.

She says, "The achievements that we see today are the extension of the practices of the last 10 years. We heard the slogan of 'Gareebi Hatao' since our… pic.twitter.com/ZBZYDPsekk

— ANI (@ANI) January 31, 2024

 

Meanwhile, Union Finance Minister Nirmala Sitharaman will present the interim Union Budget on February 1. The last Session before Lok Sabha polls, expected to be held in April-May this year, is to provide a total of eight sittings spread over a period of 10 days.

The interim budget typically takes care of the fiscal needs of the intervening period until a Government is formed after the Lok Sabha polls.

A day before the Session was set to start, Parliamentary Affairs Minister Pralhad Joshi, at an all-party meeting, said the Budget session will mainly be devoted to the Financial Business relating to the Interim Union Budget for the year 2024-25 and discussion on the Motion of Thanks on the President’s Address. However, essential legislative and other business matters may also be taken up during this Session. The all-party meeting was attended by 45 leaders from 30 political parties.

In addition, he also informed that Supplementary Demands for Grants for the Year 2023-24 in respect of the Union Government will be discussed and voted.

Presentation and discussion on the Interim Budget of the Union Territory of Jammu & Kashmir for 2024-25, along with Supplementary Demands for Grants of Union Territory of Jammu & Kashmir for the financial year 2023-24, will also be taken up and voted on.

(with inputs from ANI)

 

 

 

 

 

 

 

Topics: ParliamentPM ModiPresident Droupadi MurmuUnion Finance Minister Nirmala SitharamanBudget Session
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