Inclusive Spirit Notable Factor Of India’s Growth Story, Says PM: 10 Points

New Delhi: Prime Minister Narendra Modi today described India as a sweet spot amid global uncertainty, which is also going through transformational changes to sustain its high economic growth. He said the optimism around India is the result of good reformsToday, amid a global emergency, we are here discussing the ‘Indian Era’, and this shows how the world trusts India… India is the world’s fastest-growing and the fifth-largest economy. In terms of fintech adoption rate, we stand as the top nation,” PM Modi said at the 3rd edition of the Kautilya Economic Conclave in Delhi.

1. PM Modi said the optimism around India by global leaders and financial experts was not just a mere coincidence, but the result of reforms brought in by his government over the past decade.
2. India’s gross domestic product (GDP) grew by an impressive 8.2 per cent in fiscal 2024, continuing to be the fastest-growing major economy. The economy grew by 7.2 per cent in fiscal 2023 and 8.7 per cent in fiscal 2022.