Prime Minister Narendra Modi delivered a powerful address at the inaugural session of the ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference,’ organized by the Confederation of Indian Industry (CII) in Delhi today. Modi lauded India’s exceptional economic growth and stability, underscoring the nation’s impressive performance amid global economic challenges.
In his speech, Modi highlighted India’s remarkable economic achievements despite a backdrop of low global growth and inflation. “India’s growth and stability are exceptional. While the world grapples with economic uncertainties, India stands out with high growth rates and low inflation,” Modi stated. He praised the country’s fiscal prudence, noting that India’s post-pandemic economic policies have become a global role model for effective financial management.
The Prime Minister emphasized India’s rising contribution to global goods and services exports. “India’s share in global growth has reached 16%,” Modi revealed. He attributed this growth to the country’s resilience and strategic economic policies, which have positioned India as a significant player in the global economy.
Modi acknowledged the various economic shocks India has faced, including the worst pandemic in a century, international conflicts, and natural disasters such as cyclones, droughts, and earthquakes. “Despite these significant challenges, India has demonstrated remarkable resilience and achieved substantial growth,” he said. Modi suggested that without these crises, India might have reached even greater economic heights.
The Prime Minister’s remarks at the CII conference aimed to showcase India’s economic strength and resilience, positioning the country as a beacon of stability and growth amid global uncertainties. Modi’s address was intended to reinforce confidence in India’s economic trajectory and highlight the success of the government’s fiscal and economic strategies.
The conference provided a platform for discussing the implications of the Union Budget 2024-25 and the broader economic outlook. Modi’s speech underscored the government’s focus on maintaining robust economic growth and navigating global economic challenges with agility and strength.
As India continues to navigate a complex global landscape, Modi’s address reflected the government’s commitment to leveraging the country’s economic resilience and achieving sustained growth. The Prime Minister’s comments highlighted India’s role as a key contributor to global economic stability and growth, reinforcing the nation’s position on the world stage.
