PM hails '25 as 'year of reform', says will keep agenda going
New Delhi, Dec. 31 -- Prime Minister Narendra Modi on Tuesday credited "pathbreaking reforms" with putting India at the "centre of global attention" and hinted at the continuance of "the Reform Express" with emphasis on "collaboration over control and facilitation over regulation" ahead of the Union budget, as an official statement affirmed that India had overtaken Japan to become the world's fourth-largest economy.
In an article on LinkedIn, the PM said that "India has boarded the Reform Express".
"2025 will be remembered as a year for India when it focused on reforms as a continuous national mission, building on the ground covered over the past 11 years. We modernised institutions, simplified governance, and strengthened the foundations for long-term, inclusive growth," he wrote.
India remains the fastest growing major economy of the world with 7.8% real GDP growth in Q1 of FY26 and 8.2% in Q2.
Modi said the reforms reflected a shift from a control-based economy to one built on trust and facilitation, and urged investors and institutions in India and abroad to deepen their engagement with the country's growth story.
"We will continue pursuing the reform agenda in the coming years... I urge everyone in India and abroad to deepen their bond with the India growth story. Keep trusting India and investing in our people!"
Modi also chaired a meeting of economists on Tuesday and discussed measures to sustain India's high growth momentum while implementing a long-term development agenda of a 'Viksit Bharat' (developed India) by 2047, people present in the meeting said, requesting anonymity. P10...
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