PM Modi hits out at 'fragile 5' critics, defends 7.8% GDP growth at SRCC
PM Modi at SRCC defended India's 7.8% GDP growth, taking aim at critics from the 'fragile 5' era.
Prime Minister Narendra Modi, speaking during a visit to Shri Ram College of Commerce (SRCC) in Delhi, launched a sharp counter at those who question India's current economic momentum. Without naming individuals, he took aim at critics associated with the period when India was labelled one of the 'fragile 5' economies, suggesting they are unable to digest the country's 7.8% GDP growth figure.
Drawing a direct contrast between two eras, the Prime Minister said India has moved from the 'policy paralysis' that marked 2013 to what he termed 'policy dynamism' today. The remark was seen as a pointed rebuttal to sceptics who continue to doubt the sustainability of the country's expansion.
The visit to the college, a premier commerce institution, provided the backdrop for the Prime Minister's broader message on economic governance. His comments underscored a narrative of transformation, positioning the current government's approach as proactive and growth-oriented, in stark opposition to the perceived inaction of the past.
The 7.8% growth rate, a key talking point for the administration, was defended as a testament to the effectiveness of recent policy measures. The Prime Minister's remarks signal an intent to aggressively counter narratives that question the robustness of India's economic performance on the global stage.