Prime Minister Modi reiterates India's commitment to structural reforms for development, amidst global uncertainties. At the Kautilya Economic Conclave, he emphasized "Reform, Perform, and Transform." Highlighting inclusive growth, he stressed job creation, skill development, and sustainable progress. Noting India's economic strength, Modi cited decisions worth Rs 15 lakh crore in the first quarter. Confidence in India's growth was underscored by global institutions, recognizing its resilience and inclusive development path.
Prime Minister Narendra Modi reaffirmed India's unwavering commitment to structural reforms on its journey towards becoming a developed nation. Describing the country as a "sweet spot" amidst global uncertainties, he emphasized the government's dedication to the mantra of Reform, Perform, and Transform.
Addressing the Kautilya Economic Conclave in the national capital, the Prime Minister highlighted the integration of "process reforms" into the government's ongoing initiatives. He expressed optimism about the nation's position on the global stage, noting the unique trust and exceptional self-confidence that characterize India's current landscape.
Against the backdrop of global turmoil, Prime Minister Modi underscored the significance of the ongoing transformative changes driving India's robust economic growth. The government's focus on job creation, skill development, sustainable progress, and continued expansion defines the agenda of the National Democratic Alliance (NDA) government's third term.
Reflecting on the administration's proactive approach, he cited significant decisions amounting to over Rs 15 lakh crore within the initial three months of the term. India's status as the world's fastest-growing and fifth-largest economy was emphasized, with a particular highlight on its leading fintech adoption rate.
The Prime Minister pointed to the confidence surrounding India's growth projections, evident in recent economic data. He highlighted the country's outperformance compared to predictions, with institutions like the World Bank, the International Monetary Fund, and Moody's upgrading their forecasts in recognition of India's resilience.
A pivotal aspect of India's growth narrative, as noted by Prime Minister Modi, is its inclusive nature. This inclusivity serves as a foundational element driving the nation's progress, fostering a sustainable and equitable development trajectory.
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