We’re not people who sit on banks of stagnant water & throw pebbles: PM
Addressing the ET World Leaders Forum 2025, Prime Minister Narendra Modi emphasized India’s transformative journey, stating that the country is now in a position to lift the world out of a slow growth rate. In his speech, he highlighted India’s growth story, which has been propelled by the mantra of Reform, Perform, and Transform.
The Prime Minister’s remarks came as a testament to India’s remarkable economic growth, which has been driven by the country’s commitment to reforms, its entrepreneurial spirit, and its ability to adapt to changing global circumstances. In the past few years, India has made significant strides in terms of economic growth, with its GDP growth rate increasing from 6.7% in 2014-15 to 7.3% in 2019-20.
India’s economic growth has been fueled by a number of factors, including the implementation of key reforms such as the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC), and the demonetization of high-denomination currency notes. These reforms have helped to increase the country’s tax base, reduce corruption, and improve the ease of doing business.
The Prime Minister’s remarks also highlighted India’s ability to transform itself into a global powerhouse. He emphasized that India is not a country that is content to sit on the banks of stagnant water and throw pebbles. Rather, it is a country that is capable of turning a fast-flowing stream into a mighty river.
This transformation is evident in various sectors, including technology, healthcare, and education. India has emerged as a major player in the global technology sector, with companies like Tata Consultancy Services (TCS), Infosys, and Wipro leading the charge. The country is also home to a number of startups that are revolutionizing industries such as fintech, e-commerce, and healthtech.
In the healthcare sector, India has made significant strides in terms of its healthcare infrastructure and services. The country has a large pool of skilled healthcare professionals, and it is home to a number of world-class hospitals and medical research institutions. India is also a major hub for medical tourism, with patients from around the world coming to the country for treatment.
In the education sector, India has a large and diverse range of institutions, from primary schools to universities. The country has a strong tradition of academic excellence, and it is home to a number of world-class institutions such as the Indian Institutes of Technology (IITs), the Indian Institutes of Management (IIMs), and the University of Delhi.
The Prime Minister’s remarks also highlighted India’s commitment to sustainable development. He emphasized that the country is committed to achieving the United Nations’ Sustainable Development Goals (SDGs), which include goals such as eradicating poverty, promoting economic growth, and protecting the environment.
India has made significant strides in terms of sustainable development, with a number of initiatives aimed at promoting renewable energy, reducing carbon emissions, and protecting the environment. The country has set a target of generating 40% of its electricity from non-fossil fuels by 2030, and it has launched a number of initiatives aimed at promoting the use of electric vehicles.
In conclusion, the Prime Minister’s remarks at the ET World Leaders Forum 2025 highlighted India’s remarkable economic growth, its transformative journey, and its commitment to sustainable development. The country’s mantra of Reform, Perform, and Transform has enabled it to emerge as a global powerhouse, and it is now poised to take the world out of a slow growth rate.
