India’s Reform Push Gains Pace as PM Modi Hails GDP Growth

Prime Minister Narendra Modi has welcomed recent economic data, noting that India’s reform agenda continues to gain traction as gross domestic product (GDP) growth figures reflect sustained expansion. The latest statistics show an impressive performance in key economic metrics, underscoring resilience in domestic demand and the positive impact of structural reforms.

Key Highlights

• Prime Minister Modi said India’s reform momentum remains strong, reflected in robust GDP growth figures.
• The data signals resilience in domestic demand and validates structural reforms driving economic expansion.

Modi described the numbers as a validation of policy measures aimed at fostering investment, boosting manufacturing, and enhancing ease of doing business. He pointed to continued growth in sectors such as services, industry, and consumption, which have contributed to an overall upward trend in economic activity.

According to government sources, the latest GDP figures highlight robust growth compared with previous quarters, suggesting that reform initiatives—spanning tax rationalisation, digital infrastructure expansion, and regulatory simplification—are delivering tangible outcomes. This momentum, PM Modi said, reinforces confidence among investors and businesses.

The Prime Minister’s remarks come amid broader efforts to position India as a dynamic growth engine in the global economy. He emphasised that ongoing reforms, coupled with stable macroeconomic fundamentals, are key to sustaining long-term growth and creating opportunities for employment and enterprise.

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Analysts have noted that while challenges remain, such as external headwinds and the need for continued fiscal discipline, the latest GDP data are encouraging. They highlight strong domestic consumption and investment as drivers of the economy’s performance, even as global uncertainties persist.

Overall, the government’s focus on reform—backed by encouraging growth figures—has been presented as a sign of confidence in India’s economic trajectory, helping bolster optimism among market participants and citizens alike.