Narendra Modi says India is a "bright spot of growth and hope" amid global difficulty

At the Economic Times World Leaders Forum in New Delhi on Friday, Prime Minister Narendra Modi said other countries see India in a positive light at a time of global difficulty. He argued that nations cannot succeed alone and that shared responsibility and cooperation are needed to address current challenges, including strained international trust and resource-related conflicts. Modi also contrasted current policies with past restrictions under India’s old licence system, saying companies were once penalized for exceeding output limits. He described a shift toward a regulatory framework where actions not expressly banned require no prior official approval and said government relations should rest on confidence rather than doubt. He also cited recent parliamentary work passed during the Monsoon Session.