PM Modi Calls for Responsible Opposition and Delivers Vision for India in 18th Lok Sabha Inaugural
Team Finance Saathi
24/Jun/2024

Key Points:
1: PM Modi stresses the importance of a responsible Opposition for substantive debate over slogans.
2: He outlines his vision of Viksit Bharat (Developed India) in the current parliamentary session.
3: Modi commemorates the 50th anniversary of the Emergency, describing it as a dark phase in India's democracy.
In the inaugural session of the 18th Lok Sabha, Prime Minister Narendra Modi set the tone for a new parliamentary term by calling for a responsible Opposition that prioritizes substantive debate over slogans. Emphasizing the essence of democracy, Modi welcomed the newly elected parliamentarians and highlighted the significance of the session in shaping India's future towards his vision of Viksit Bharat (Developed India).
Reflecting on the recently concluded elections, which marked the world's largest democratic exercise, Modi underscored the achievement of his government being re-elected for a third consecutive term—a feat seen only once before in independent India's history. This reaffirmed the mandate of the people and set the stage for discussions on crucial legislative agendas aimed at national progress.
The Prime Minister also drew attention to a poignant moment in India's democratic history—the 50th anniversary of the Emergency. Scheduled for June 25, this milestone serves as a solemn reminder of a period when fundamental rights were suspended and democratic norms disregarded. Modi condemned the Emergency as a 'black spot' on India's democracy and emphasized the importance of upholding constitutional values and democratic principles.
Addressing the nation's aspirations, Modi expressed his government's commitment to working tirelessly in its third term, promising triple the effort to deliver triple the results. He acknowledged the role of young parliamentarians in shaping policies and reforms crucial for India's development trajectory.
The first session of the 18th Lok Sabha, running until July 3, is anticipated to outline Modi's ambitious plans for his tenure. It is expected to witness the formal appointment of Rahul Gandhi as the Leader of the Opposition, marking a significant development in parliamentary dynamics since 2014.
Overall, Modi's address underscored the themes of accountability, development, and democratic resilience. As India navigates its path forward, guided by the principles of responsible governance and robust debate, the 18th Lok Sabha stands poised to address the nation's challenges and aspirations in the coming years.
Also Read : India's Business Activity Surges in June: Strongest Job Growth in 18 Years
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.