NEW DELHI: Prime Minister Narendra Modi on Sunday said that the private sector will play a decisive role in driving India’s next phase of economic transformation, as he highlighted reforms, digital growth and defence modernisation while sharply criticising the previous UPA government’s record. He said bold investments by industry in innovation and capacity will be key to achieving the vision of Viksit Bharat.In an exclusive interview with news agency PTI, Modi said reform has been a core commitment of his government “in letter and spirit”, asserting that policy continuity and decisive governance have driven large-scale progress.Also Read | What will be India’s 3 reform priorities for next decade? Here’s what PM Modi said
Here are the top quotes from the interview
- “Private sector critical for next phase of economic transformation, requests ‘decisive response’ from them. As productivity rises, private sector owners must share gains fairly with workers.”
- “Next leap to Viksit Bharat will depend on bold investment by private sector in innovation, long-term capacity, global competitiveness.”
- “Private sector must focus less on protecting margins and invest aggressively in R&D supply chain, quality.”
- “Our FTAs designed to expand market access for MSMEs in textile, leather, chemicals, handicrafts, gems and other sectors.”
- “Data centres will be a massive job creator for our youth; we invite whole world’s data to reside in India.”
- “India is a digital leader in the world made possible by fundamental reforms in how people transact via the UPI platform.”
- “India is laying the foundation for a thriving AI ecosystem by expanding computing power and data centre infra capacity.”
- “India witnessing most expansive infra push in its history, built with future readiness in mind.”
- “The government has a duty to modernise defence sector in line with current realities.”
- “Government will do whatever it take to support the country’s defence forces and strengthen them.”
- “Political stability, political predictability restored investor confidence in India.”
- “During UPA rule, talks would begin and then breakdown; a little real substance achieved despite long negotiations,”
- “I want to state unequivocally that welfare of women guide every decision our government takes. It is my conviction that women will play the most important role in creating Viksit Bharat.”
