PM Modi: India's Reforms Driven by Conviction, Poised to Lead Global Growth
Prime Minister Narendra Modi delivered a powerful address at the ET NOW Global Business Summit 2026, emphasizing India's robust economic trajectory and its pivotal role in shaping global development. He asserted that India now drives approximately 16% of worldwide economic growth, positioning the nation as a formidable force on the international stage.
India's Resilience and Indigenous Development Model
Modi highlighted India's exceptional resilience during recent global crises, including pandemics, conflicts, and supply chain disruptions. He underscored that the country's development follows a unique, indigenous model, meticulously guided by the strategic vision of NITI Aayog. This approach, he noted, ensures that reforms are implemented with deep conviction rather than external compulsion, fostering sustainable progress.
Key Reforms and Policy Measures
The Prime Minister cited several landmark reforms as evidence of India's proactive governance. These include the implementation of the Goods and Services Tax (GST), which streamlined the tax system, and the replacement of the Planning Commission with NITI Aayog to promote cooperative federalism. Additionally, he referenced significant policy changes such as the abrogation of Article 370 and the abolition of triple talaq, which have reshaped the socio-political landscape.
Global Competitiveness and Trade Deals
Modi emphasized that India's growing confidence and economic stability enable it to actively engage in global trade agreements and compete effectively on the world stage. This newfound assertiveness, he argued, is a direct result of the nation's steadfast commitment to reform-driven growth and strategic policymaking.
In summary, Prime Minister Modi's speech reinforced India's ambition to not only sustain its economic momentum but also to emerge as a key driver of global prosperity, anchored by reforms pursued with unwavering conviction.
