New Delhi, February 9: In a pivotal address at the Times Global Business Summit, Prime Minister Narendra Modi accentuated India’s remarkable trajectory of economic advancement and burgeoning global recognition. Highlighting the nation’s transformative journey, PM Modi reiterated the unprecedented opportunities, escalating incomes, and diminishing poverty rates characterizing India’s current landscape.
India’s Favorable Conditions:
PM Modi underscored that India stands at the precipice of unparalleled prosperity, buoyed by an array of favorable conditions conducive to progress. He emphasized that the prevailing positive sentiment towards India’s capabilities and successes on the global stage marks an epoch distinct from the past.
Speaking at the Times Global Business Summit. https://t.co/cGvaAhMRTj
— Narendra Modi (@narendramodi) February 9, 2024
A Welfare State’s Priorities:
Emphasizing India’s status as a welfare state, the Prime Minister elucidated the government’s steadfast commitment to enhancing the quality of life for its citizens. Central to this vision is the facilitation of an environment where the daily lives of the common populace are imbued with ease and convenience.
Critique Amidst Progress:
In a thinly veiled jab at opposition parties, PM Modi remarked on the dwindling voices of criticism amidst India’s upward trajectory. He noted that this juncture is characterized by a remarkable transformation acknowledged by development experts worldwide.
Unprecedented Growth:
PM Modi articulated that the present epoch witnesses unprecedented growth parameters, including a continuous upsurge in the growth rate coupled with a reduction in fiscal deficits. Furthermore, he highlighted the simultaneous increase in exports, coupled with a decline in the current account deficit, indicative of India’s robust economic standing.
Seizing Opportunities:
Asserting the opportune moment, PM Modi underscored the concurrent rise in opportunities and incomes, juxtaposed with a commendable reduction in poverty rates. This confluence of factors underscores India’s ascendant position on the global stage.
Global Recognition:
Reflecting on the theme of the summit, PM Modi reiterated the prominence of disruption, development, and diversification in contemporary discourse. He emphasized unanimous acknowledgment that the current milieu resonates with the sentiment that this indeed is India’s time.
Heightened Global Confidence:
Referencing the recent Davos Summit, PM Modi highlighted the palpable excitement and heightened confidence in India’s trajectory witnessed on the global stage. He affirmed that India’s burgeoning prominence elicits fervent enthusiasm and confidence from the international community.
Prime Minister Narendra Modi’s address at the Times Global Business Summit encapsulates India’s journey of economic resurgence and global recognition. Against the backdrop of unprecedented growth and transformative policies, India emerges as a beacon of opportunity and progress on the world stage.
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