New Delhi witnessed a powerful address from Prime Minister Narendra Modi in the Rajya Sabha on Thursday, where he outlined how strategic trade agreements are integral to India’s ambitious long-term economic roadmap. Emphasizing the nation’s rapid ascent, Modi declared that India is hurtling towards becoming the world’s third-largest economy.
Responding to the motion of thanks on the President’s address, the Prime Minister highlighted the government’s mantra of ‘reform-performance-transformation.’ He painted a vivid picture of India’s journey, transforming from one of the world’s five weakest economies to boarding the ‘Reform Express’ bound for global economic supremacy.
In a world reshaping post-World War II orders, Modi noted a new global shift leaning towards India, the ‘Viswa Bandhu’ or global friend. He celebrated recent landmark trade deals with the United States and the European Union, dubbing the EU agreement as the ‘Mother of All Trade Deals.’
These pacts, Modi asserted, underscore India’s growing economic clout and partnerships, cementing its role as a reliable player on the world stage. ‘With a robust manufacturing base, the world will want to do business with us,’ he proclaimed, pointing to India’s consistently high growth rates among major economies and globally admired low inflation.
Reflecting on the 21st century’s timeline, Modi drew parallels to India’s freedom struggle. ‘The first quarter is done; the second is pivotal, just like the second quarter of our independence movement. I see this phase building a developed India,’ he said confidently.
Modi’s vision extends beyond numbers, focusing on sustainable growth through forward-looking policies that position India at the forefront of a changing global order. As partnerships multiply, India’s economic trajectory promises to redefine its global standing.