India-EU FTA Hailed as "Mother of All Deals," A Game-Changer for Youth

Prime Minister Narendra Modi announced the finalisation of a historic Free Trade Agreement between India and the European Union. He stated the deal is being globally praised as the "mother of all deals" and a game-changer that will benefit Indian startups and the creative economy. The agreement will provide zero or low tariffs on over 99% of India's exports, easing market access. PM Modi emphasized that this and other recent FTAs will create countless new opportunities for the country's youth.

Key Points: India-EU Free Trade Agreement Finalised, PM Modi Hails Deal

  • Historic India-EU FTA finalised
  • To benefit startups & creative economy
  • Tariffs slashed on 99% of Indian exports
  • Creates opportunities for youth
3 min read

India-EU FTA is being hailed as mother of all deals and game-changer, will open enormous opportunities: PM Modi

PM Modi announces historic India-EU FTA, calling it a game-changer that will create enormous opportunities for youth, startups, and creative industries.

"This agreement is being hailed by the world as the mother of all deals. It is being described as a game-changer deal for the world. - PM Narendra Modi"

New Delhi, January 28

Prime Minister Narendra Modi has said that a "historic Free Trade Agreement" was finalised with the European Union on Tuesday and noted that it is being praised as "mother of all deals" and a "game-changer".

Addressing the annual NCC rally here, PM Narendra Modi said that the FTAs India has signed will create countless opportunities for the country's youth.

He said the world is looking at the youth of India with great confidence.

"A historic free trade agreement has been reached between India and the European Union. Before this, India had also signed free trade agreements with countries such as Oman, New Zealand, the UK, the UAE, Australia, and Mauritius. All these agreements are going to create countless opportunities for millions of our young people. Today, the whole world is looking at the youth of India with great confidence, and the reason for this global confidence is their skills and values," he said.

"The agreement that has been reached with the European Union is being hailed by the world as the mother of all deals. It is being described as a game-changer deal for the world. This FTA is your freedom to aspire. This agreement has been made between India and the European Union, which comprises twenty-seven countries. This will benefit Indian startups. Access to funding and the innovation ecosystem for Indian startups will become easier. This agreement will also greatly benefit our creative economy, including film, gaming, fashion, digital content, music, and design, and will create countless new opportunities for India's youth, from research and education to IT and other professional services...Under this agreement, tariffs on more than 99 per cent of India's exports will be either zero or very low," he added.

The Prime Minister also paid tributes to Maharashtra Deputy Chief Minister Ajit Pawar, who died in a plane crash on Wednesday.

He said Ajit Pawar made a huge contribution to the development of Maharashtra and the country

"A tragic plane crash has taken place in Maharashtra this morning. This accident has snatched away Maharashtra's Deputy Chief Minister Ajit Pawar ji and some friends from us. Ajit Dada has made a huge contribution to the development of Maharashtra and the country. He always worked proactively. I express my condolences to the family of Ajit Pawar ji and the families of others who lost their lives today," he said.

PM Modi said NCC is a platform for the youth and celebrates the country's heritage.

"The NCC is a platform for the youth, and on this platform, our heritage is also lived with pride. For example, this year, the completion of 150 years of Vande Mataram was celebrated with great enthusiasm. You all are aware that a few years ago, the government named 21 islands of the Andaman and Nicobar after our Param Vir Chakra awardees. You have carried forward the spirit of honouring our national heroes," he added.

- ANI

Share this article:

Reader Comments

P
Priya S
While the FTA sounds promising, I hope we have strong safeguards for our farmers and MSMEs. The EU has very high standards. We need to ensure our domestic industries are competitive and ready, not just overwhelmed by imports. A balanced approach is key.
R
Rohit P
Game-changer indeed! 99% tariffs zero or low? That's massive for exports. Our IT professionals, engineers, and designers will get global recognition. Jai Hind!
S
Sarah B
As someone working in the digital content space in Bangalore, this is the news we've been waiting for. Easier access to funding and a larger market can really help Indian creators tell their stories to the world. Exciting times ahead!
V
Vikram M
A historic deal, no doubt. But my condolences first to the family of Ajit Pawar ji. A sad note on a day of big announcements. Coming back to the FTA, the focus on research and education collaboration is very important for our universities.
K
Karthik V
Good move. But the real test is on the ground. Will it create jobs in tier-2 and tier-3 cities, or just benefit the metros? We need policies that ensure inclusive growth from such mega-deals.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50