India’s GDP growth is reflection of transformative reforms of last 10 years: PM Modi

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India’s GDP growth is reflection of transformative reforms of last 10 years: PM Modi


Prime Minister addresses the second version of Infinity Forum, a world thought management platform on fintech, through video conferencing, in New Delhi, Saturday, Dec. 9, 2023.
| Photo Credit: PTI

Prime Minister Narendra Modi on Saturday, December 9, 2023, stated India’s GDP growth of 7.7% within the first six months of the present fiscal yr is a reflection of the nation’s strengthening financial system and the transformative reforms carried out within the last 10 years.

Addressing the ‘Infinity Forum 2.0’ convention on the GIFT City right here through video hyperlink, the Prime Minister stated his authorities needs to show the Gujarat International Finance Tec (GIFT) City into a world nerve centre of the brand new age world monetary and expertise providers.

“In the first six months of this financial year, India has achieved a GDP growth of 7.7 per cent…Today, the entire world has pinned its hopes on India, and this did not happen just on its own. This is a reflection of India’s strengthening economy and also the transformative reforms carried out in the last 10 years,” Mr. Modi stated in his inaugural handle.

‘India fastest growing fintech market’

India is one of the quickest rising fintech markets on the earth right now and the GIFT International Financial Services Centre (IFSC) is rising as its centre, the PM stated.

He urged consultants to share their concepts on growing a market mechanism for inexperienced credit.

On the event, PM Modi congratulated the folks of Gujarat over (*10*)inclusion of the state’s conventional Garba dance within the UNESCO’s ‘Representative List of the Intangible Cultural Heritage of Humanity’.



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