India is eager to become developed and self-reliant, says PM Modi

Prime Minister Narendra Modi has said that India is eager to become developed and self-reliant. Delivering the sixth Ramnath Goenka Lecture in New Delhi, Mr. Modi said that at a time when the world is fearful of disruption, India is confidently moving in the direction of a bright future. 

The Prime Minister asserted that India is not just an emerging market, but also an emerging model. He highlighted that the world today views the Indian Growth Model as a Model of Hope.

 

 

Mr. Modi said,  in the year 2022, the European crisis affected global supply chains and energy



markets, impacting the entire world, and despite this, India’s economic growth continued strongly through 2022-23. 

He said, in 2023, even as conditions deteriorated in West Asia, India’s growth rate remained robust, and even this year, in the face of global instability, India’s growth rate is hovering around 7 percent.

 

 

Referring to the recent Bihar Assembly elections, the Prime Minister termed the results as historic, adding that the State has recorded the highest ever voter turnout since 1951, with women’s turnout approximately nine percent higher than that of men.