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PM Modi Hails India's 7 Percent Growth Forecast And Global Leadership
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News18•13-10-2026, 11:21
PM Modi Hails India's 7 Percent Growth Forecast And Global Leadership
- •Prime Minister Narendra Modi emphasized that India's success and growing innovation will ultimately benefit the entire world.
- •Speaking at the Bloomberg New Economy Forum, PM Modi highlighted India's commitment to sharing digital public infrastructure and technology for global good.
- •The IMF recently raised India's growth projection to 7 percent, driven by resilient domestic demand and strong services activity.
- •PM Modi stated that India's growth is built on reliability and stability, with foreign exchange reserves exceeding 700 billion dollars.
- •He stressed that India grows with and for the world, utilizing reforms out of conviction rather than compulsion.
Key Questions Answered
India's growth rate in the April-June quarter was 7.8%. Following this strong performance, the International Monetary Fund (IMF) raised India's growth projection to 7%.
Prime Minister Narendra Modi noted that India's foreign exchange reserves exceed $700 billion and highlighted that the country's banking system stands out as one of the strongest globally.
During the COVID-19 pandemic, India developed the open-source CoWIN platform and continues to share its digital public infrastructure experience so other countries can build customized digital systems.
