New Delhi: Prime Minister Narendra Modi on Monday praised India’s economic performance, saying the country’s 7.7 per cent growth rate despite ongoing tensions in West Asia reflects the strength and stability of the Indian economy. He said the achievement demonstrates India’s ability to overcome international challenges and continue its journey towards becoming a stronger global economic power.
Addressing the media before the beginning of the Monsoon Session of Parliament, the Prime Minister said global conflicts have created economic uncertainty across nations, but India has managed to maintain strong growth momentum through effective policies and collective efforts.
Modi pointed out that the ongoing instability in West Asia has created concerns for countries dependent on the region for essential resources, particularly energy supplies. India, being one of the world’s largest energy consumers, imports significant quantities of crude oil, LPG, fertilisers and other industrial materials from global markets.
Despite these external pressures, he said India has continued to expand at a rapid pace and remains among the fastest-growing major economies worldwide.
India Maintains Growth Momentum Despite Global Headwinds
The Prime Minister said the latest economic performance reflects the country’s internal strength, strong fundamentals and the confidence of its citizens.
According to Modi, India’s ability to achieve high growth during a period of international uncertainty highlights the effectiveness of ongoing economic reforms and the determination of businesses, industries and citizens to contribute towards national progress.
He added that the country is moving ahead with the ambition of achieving new milestones and strengthening its position in the global economy.
The Prime Minister’s remarks came at a time when geopolitical tensions, energy market fluctuations and global economic uncertainties continue to impact several countries.
West Asia Conflict Creates Economic Challenges
Highlighting the impact of international conflicts, Modi said the situation in West Asia has become a matter of concern for the global community.
He explained that disruptions in the region can affect energy availability and prices, creating challenges for economies that depend heavily on imports.
For India, fluctuations in crude oil prices have a direct impact on transportation costs, inflation levels and overall economic planning. However, the country has managed to maintain stability through strategic measures and diversified economic policies.
The Prime Minister said India’s growth figures indicate that the nation has successfully handled external pressures while continuing to focus on development.
PM Modi Appeals for Productive Monsoon Session
Ahead of the parliamentary session, Prime Minister Modi called upon lawmakers from all political parties to work together and ensure meaningful discussions inside the House.
He said Parliament plays a crucial role in shaping policies and addressing issues affecting citizens. According to him, constructive participation from elected representatives can help accelerate the country’s development journey.
Modi emphasized that the Monsoon Session has started at a time when India is gaining economic momentum, and a positive approach among parliamentarians can further strengthen this progress.
He urged MPs to prioritize national interests and ensure that parliamentary debates contribute to solving challenges faced by the country.
Youth Expectations Should Guide Parliamentary Discussions
The Prime Minister highlighted the aspirations of India’s young population, saying the younger generation wants Parliament to focus on development-oriented discussions rather than disruptions.
He said today’s youth are looking for opportunities, growth and a stronger future, and lawmakers have a responsibility to address their expectations through effective policymaking.
Modi stressed that Parliament should become a platform where ideas, solutions and innovative approaches are discussed for the benefit of the nation.
He said the voice of citizens committed to national progress should receive adequate representation during parliamentary proceedings.
PM Modi Encourages Fact-Based Debates
The Prime Minister also encouraged MPs to participate in discussions supported by facts, logic and meaningful arguments.
He said strong viewpoints supported by evidence can effectively communicate ideas while maintaining dignity and respect within parliamentary proceedings.
Modi emphasized that every representative should have an opportunity to express their views and that different perspectives should be considered with mutual respect.
He appealed to lawmakers to actively participate in debates and contribute positively to the functioning of Parliament.
Economic Growth Remains Key Focus Area
India’s economic growth has remained a major focus area for the government as the country works towards expanding manufacturing, improving infrastructure and attracting investment.
The government has repeatedly highlighted initiatives aimed at strengthening domestic production, boosting exports and creating employment opportunities.
Experts believe maintaining growth momentum amid global uncertainty will require continued focus on economic reforms, energy security and investment-friendly policies.
The latest growth performance has strengthened India’s position among major global economies and increased confidence in its long-term development prospects.