PM Modi hails 7.7pc growth rate, says India remains world's fastest-growing major economy
Daman, June 5
Prime Minister Narendra Modi on Friday highlighted India's economic performance, saying the country recorded a 7.7 per cent growth rate in the financial year 2025-26 and retained its position as the world's fastest-growing major economy.
Addressing a public meeting in Daman, PM Modi described the latest economic figures as encouraging news and said they reflected the strength of India's economic foundations.
"The figures released today clearly show how strong the foundations of India's economy are," he said.
According to the Prime Minister, the economy grew by 7.7 per cent during the financial year, while the quarter ending March 31 saw growth of 7.8 per cent.
"This makes India the fastest-growing major economy in the world. Every Indian should take pride in this achievement," he said.
PM Modi attributed the performance to economic reforms, infrastructure expansion, and welfare programmes aimed at improving the lives of poorer households.
"The country is moving forward on the 'Reform Express'. The massive infrastructure development taking place across the nation and the large-scale work being carried out for the welfare of the poor are producing these results," he noted.
The Prime Minister said India's economic progress had been achieved despite difficult global conditions marked by uncertainty and slowing growth in several parts of the world.
He argued that investments in roads, railways, ports, airports, renewable energy, and digital infrastructure had strengthened the country's growth trajectory.
PM Modi also linked the economic figures to the government's broader agenda of "Reform, Perform and Transform", which he said would continue to guide policymaking in the years ahead.
"I assure the nation once again that India will continue to move forward rapidly on the path of Reform, Perform and Transform," he said.
The Prime Minister said maintaining growth while improving living standards remained a central objective and credited the efforts of citizens, businesses, and workers across the country for helping India achieve the latest milestone.
— IANS
Reader Comments
Proud moment for every Indian! 🇮🇳 Our PM's vision of 'Reform, Perform, Transform' is clearly working. The digital infrastructure push has been a game-changer. #IndiaShining
Good numbers, but let's be honest—many of us are still struggling with inflation. Fuel prices are through the roof and rents aren't coming down. Growth needs to be inclusive, not just on paper.
Great to see India leading the world in growth despite global slowdown. The infrastructure push is visible everywhere—new highways, airports, and digital connectivity. Keep it up! 👏
Can we talk about jobs? The growth numbers don't always match ground reality. Many graduates are still searching for decent employment. Hope the government focuses more on skill development and manufacturing.
Ek baar phir Modi ji ne dikha diya! 💪 The 'Reform Express' is truly on track. From UPI to renewable energy, India is setting benchmarks. But we need to ensure no one is left behind—healthcare and education still need more attention.
Respect to PM Modi for steering the economy through tough global times. But let's not get carried away—s
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.