Modi Says Old Economic Term Wrongly Portrayed India’s Growth Story

Modi Says Old Economic Term Wrongly Portrayed India’s Growth Story
Source: www.tribuneindia.com

‘Hindu rate of growth’ term coined to defame a faith, not used today when India is fastest growing global economy - The Tribune

Prime Minister Narendra Modi has criticised the long-used phrase "Hindu rate of growth," saying it unfairly portrayed India and its capabilities for decades. Speaking at a public event, he argued that the term not only misrepresented the country’s economic potential but also insulted an entire civilisation known for progress, knowledge and innovation. Modi highlighted that earlier governments accepted slow economic expansion as normal, which held India back for years. He added that the nation’s current growth performance proves that the label was inaccurate and rooted in outdated thinking. According to him, India is now moving with confidence, focusing on reforms, investment, and global competitiveness. The Prime Minister emphasised that the country is no longer the slow-moving economy it was once described as, and today’s achievements reflect a stronger, more ambitious national mindset. He urged citizens to reject negative narratives and recognise India’s evolving economic strength.

The Key points

  • Modi rejects the phrase “Hindu rate of growth.”
  • Says the term insulted India’s ancient civilisation.
  • Claims it created a false image of slow economic capability.
  • Criticises earlier acceptance of low growth as normal.
  • Highlights India’s improved global economic performance.
  • Says modern reforms have changed the nation’s trajectory.
  • Emphasises rising investment and development momentum.
  • Calls current growth proof of outdated labels being wrong.
  • Urges people to move past negative economic narratives.
  • Says India is shaping a more confident, future-ready economy.
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