7.7 pc growth rate despite West Asia crisis reflects India’s inherent strength, says PM Modi

New Delhi: Prime Minister Narendra Modi on Monday said that India maintaining a growth rate of 7.7 per cent despite the West Asia crisis reflects India’s “inherent strength” and “offers a reflection of the enthusiasm and zeal” with which India aspires to achieve new milestones.

 

Addressing the media at the start of the Monsoon Session of Parliament, PM Modi said, “Everyone is aware, and the world is concerned about the threat of war in various regions. The war in West Asia has posed a major crisis for nations like India, which relies on others for its energy needs, petrol, diesel, LPG, fertilisers, and chemicals. However, despite this, India has maintained a growth rate of 7.7 per cent, emerging as the fastest-growing major economy in the world.”

 

The Prime Minister said that this reflects India’s “inherent strength” and “offers a reflection of the enthusiasm and zeal” with which India aspires to achieve new milestones.

 

“Against this backdrop, the Monsoon Session is commencing; the nation has gathered momentum, and the spirit of Parliament infuses fresh energy into that pace. A positive spirit is very essential for achieving the country’s goal. Our Parliament also has many experienced parliamentarians, regardless of their party affiliation. At a time like this, both Parliament and the nation need their experience and knowledge. Therefore, I believe the need of the hour is the functioning of Parliament, meaningful discussions, and a collective resolve to take the nation forward,” he added.

 

“The country’s youth, who are full of aspirations, demand that we move forward,” PM Modi said.

 

“Today, it is the demand of the hour that the voice of those filled with national dedication and living for national devotion gets a proper platform in the House. May they raise their voices to provide direction to the nation, and therefore, I hope, and I am firmly confident, that where there are facts and where there is logic, there is no place for creating a storm,” he added.

 

The Prime Minister further called on the parliamentarians to engage in productive debate and ensure that “every voice finds an opportunity”.

 

“When arguments and evidence are solid, one can effectively convey their message even in a composed manner. I hope that the discussions in the House will benefit from such reasoning and evidence. May every voice have a chance to be heard, and may every concept receive due respect. I encourage all Members of Parliament to engage wholeheartedly in the proceedings of the House,” he added.

IANS

PM Modi showcases India’s 7.8 pc growth, contrasts ‘policy paralysis’ of previous era when ‘glass was half-empty’

New Delhi: Contrasting the pre-2014 era under the Congress-led government with the present, Prime Minister Narendra Modi asserted that the world now sees India as the fastest-growing major economy.  ...

Himachal’s fiscal deficit breaches prescribed limits; 86 pc revenue spent on salaries and subsidies

Shimla: The Comptroller and Auditor General of India (CAG) on Thursday painted a worrying picture of Himachal Pradesh's financial health, flagging the rapidly rising debt burden, breach of fiscal deficit...

Commercial LPG cylinder gets dearer, jet fuel prices hiked

New Delhi: State-owned oil marketing companies (OMCs) have hiked the prices of 19-kg commercial LPG cylinders by Rs 9.50, while aviation turbine fuel (ATF) prices for domestic airlines have risen...

India can adjust to changes in global economy sans hurting its own growth: FM Sitharaman

Asheville : India has shown that it can adjust to changes in the global economy without allowing its growth to be derailed, Union Minister for Finance and Corporate Affairs Nirmala...

India records real GDP growth at Rs 81.36 lakh crore in Q1 FY27 with robust 7.8 pc growth

New Delhi: Despite global headwinds, India recorded real GDP growth at Rs 81.36 lakh crore in the first quarter of this fiscal (Q1 FY27), against Rs 75.46 lakh crore in...

IGL hikes CNG prices by Rs 3.89/kg in Delhi-NCR as LNG costs surge

New Delhi: Indraprastha Gas Limited (IGL) has increased compressed natural gas (CNG) prices by Rs 3.89 per kg across Delhi-NCR, citing a sharp rise in the cost of imported liquefied...

Banks raise $72.8 billion in forex inflows till Aug 21, FCNR(B) deposits reach $65.4 billion: RBI

New Delhi: The Reserve Bank of India (RBI) on Saturday said that authorised dealer banks have raised a massive $72.848 billion in forex inflows till August 21, and a major...

5 FBOs withdraw ‘100 pc’ claims following regulatory intervention: FSSAI

New Delhi: The Food Safety and Standards Authority of India (FSSAI) on Wednesday said that five food business operators (FBOs) have taken corrective action and withdrawn misleading “100 per cent”...

CPI(M)-backed Islamic Bank depositors in fix as plaints mount; Kerala CM Satheesan promises probe

Kannur: A financial headache is brewing for depositors of a Sharia-compliant cooperative society promoted by CPI(M) leaders in Kannur, with complaints surfacing that depositors have been unable to withdraw their...

Tata Sons Chairman N Chandrasekaran resigns ahead of AGM; will not seek reappointment

New Delhi: Tata Sons Chairman N Chandrasekaran has resigned from his position and will not seek re-appointment when his current tenure ends in February 2027, according to a report by...

Oil PSUs’ losses on LPG sales below market price cross Rs 59,000 crore

New Delhi: The cumulative under-recoveries of the government-owned oil marketing companies -- Indian Oil, Bharat Petroleum and Hindustan Petroleum -- on the sale of domestic LPG below the market price...

No charges on UPI transactions for users, limited merchant MDR possible: Govt

New Delhi: The government on Saturday clarified that consumers will not be charged for making payments through the Unified Payments Interface (UPI), while any future merchant discount rate (MDR) will...

Read Previous

Tension erupts at Delhi’s Jantar Mantar during protest march; police deploy barricades

Read Next

J&K flash flood: Over 20 deaths, dozens missing in Poonch, Rajouri districts

WP2Social Auto Publish Powered By : XYZScripts.com