2 hrs ago
Modi Highlights India’s 7.8% Growth and Economic Progress
Prime Minister Narendra Modi spoke about India’s economy at Shri Ram College of Commerce.
He said India grew by 7.8% in one quarter.
He described this as a sign that the economy is strong.
He said the growth happened while there was war in West Asia and trade difficulties.
Modi also said a Japanese credit rating agency had improved India’s rating.
He pointed to nearly 60 crore bank accounts opened through the Pradhan Mantri Jan Dhan Yojana.
He said this helped more people join the formal banking system.
He also highlighted India’s growing mobile phone exports and manufacturing.
Modi said India is working toward becoming a major manufacturing, research, innovation, and agricultural-export hub.
Prime Minister Narendra Modi said India recorded 7.8% quarterly economic growth.
Modi said the growth came despite the West Asia war and trade-related challenges.
He said a Japanese credit rating agency had upgraded India’s rating.
Modi attributed financial inclusion to nearly 60 crore accounts opened under the Pradhan Mantri Jan Dhan Yojana in 12 years.
He cited mobile phone exports exceeding Rs 2.5 lakh crore as evidence of progress under Make in India.
- Who
- Prime Minister Narendra Modi.
- What
- Modi highlighted India’s 7.8% quarterly growth, financial inclusion, manufacturing progress, and economic outlook.
- Where
- The centenary celebrations of Shri Ram College of Commerce in Delhi.
- When
- September 5, 2026; Modi also referred to developments from the preceding week and his earlier 2013 address.
- Why
- To emphasize India’s economic strength, employment opportunities, pro-people governance, and progress in manufacturing and financial inclusion.
Key facts
- Quarterly growth
- 7.8%, according to Modi.
- Financial inclusion
- Nearly 60 crore bank accounts were opened under the Pradhan Mantri Jan Dhan Yojana over 12 years.
- Mobile phone exports
- More than Rs 2.5 lakh crore, according to Modi.
- Credit rating
- Modi said a Japanese credit rating agency upgraded India’s rating.
- Economic challenges
- Modi cited the ongoing war in West Asia and trade-related challenges.
- Governance concept
- Modi described his approach as “P2G2,” meaning pro-people, good governance.
Quotes
Narendra Modi
Prime Minister of India
“This is Modi. He stands like a rock in front of those who favour the ‘mai-baap’ culture.”
businesstoday.in
“The 7.8 per cent quarterly growth has boosted the country's confidence.”
businesstoday.in
Sources
Related news
Modi Says 7.8% GDP Growth Shows India’s Economic Strength
Modi Highlights 7.8% Growth, Contrasts Pre-2014 Policy Paralysis
From 'Fragile Five' to world's fastest-growing major economy: Modi
Modi Defends 7.8% Growth as Critics Question India’s GDP
Modi Hails 7.8% Q1 GDP Growth, Urges Swadeshi Amid Criticism
Modi Links 7.8% GDP Growth to “Jhooth Ki Goonj” Attack
NDMC to Lead 40th Weekend Plantation Drive in Raja Bazar
Modi Warns Pakistan India Will Strike Against Terror Attacks
Haryana CM Reviews Seva Sankalp Abhiyan Preparations Across State
India’s 7.8% GDP Growth Spurs Debate Over Gold, Travel Spending
