Festive Context and Economic Measures
Earlier in the day, Modi extended his greetings for Durga Puja on social media, saying, “Wishing you all Shubho Mahalaya! As the sacred days of Durga Puja draw near, may our lives be filled with light and purpose. May the divine blessings of Maa Durga bring unwavering strength, lasting joy and wonderful health.”
His upcoming address coincides with the rollout of GST reforms, which the government has promoted as a “double dhamaka of happiness before Diwali.” Finance Minister Nirmala Sitharaman recently stated the cuts could put over ₹2 lakh crore back into citizens’ hands, boosting consumption and festive demand.
Market and Public Expectations
Markets and businesses are closely monitoring the announcement. Analysts suggest Modi may expand on economic reforms, new welfare schemes, or measures to encourage “Swadeshi” goods. For citizens, the timing before the festive season raises hopes for relief on inflation, taxation, or job-related concerns.
According to government sources, Modi is likely to continue emphasizing self-reliance and resilience against global economic challenges. His recent remarks praised the reforms as a step toward strengthening India’s domestic economy while reducing reliance on outdated systems.
Political Significance
The address also carries political weight as it comes ahead of crucial state elections and with Lok Sabha polls not far away. Analysts believe Modi may use the opportunity to consolidate public confidence and counter opposition narratives on economic performance.
Whether the address focuses purely on economics or includes broader social and cultural themes, it is expected to set the tone for the festive season and upcoming electoral discourse. Citizens across the country will tune in at 5 PM to hear the Prime Minister’s words firsthand.
