PM Modi: India Bright Spot Amid Global Uncertainty
· India · Times of India, Moneycontrol, NDTV
At the Economic Times World Leaders Forum 2026, Prime Minister Narendra Modi declared India a 'bright spot of growth and hope' amid global instability, citing its shift from a 'production-linked punishment' model to incentive-based reforms. He emphasized global interdependence, referencing India's G20 presidency mantra of 'One Earth, One Family, One Future,' and highlighted challenges like resource weaponization and mistrust. Modi contrasted current policies with the past 'licence raj' era, noting punitive measures against production excesses. He introduced a new regulatory approach: 'permitted unless prohibited' instead of 'prohibited unless permitted.'
Why it matters
Modi's remarks underscore India's growing economic significance amid global upheavals, impacting global trade partners and investors counting on the country's growth trajectory.
Read the original report — Times of India
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