- PM Modi lauded India's 7.8% GDP growth, stating it was achieved despite wars and conflicts across the globe, noting that “Since the 2020 COVID pandemic, there has been no stability anywhere, but India has progressed well.”
- He credited the growth to the country’s policies, intentions and people’s strength, and accused some of trying to spread “negativity, falsehood”.
- PM Modi asked people to be ‘vocal for local’ by shunning foreign holidays and weddings, and said “Unless necessary, do not buy gold.”
- He urged self-reliance, stating “We have to maintain the speed of our growth, and for that, we must become self-reliant.”
- PM Modi linked self-reliance to the future, stating “If we continue to stress on Swadeshi, self-reliance, we will present our youth with a developed India in the 100th year of Independence.”
- In May 2026, Mr. Modi issued a seven-point austerity appeal to citizens to conserve foreign exchange and protect the economy amid energy and oil crises caused by the West Asia conflict.
Prime Minister Narendra Modi celebrated India's impressive 7.8% GDP growth for the April-June 2026 quarter, highlighting the nation's resilience amid global instability. He noted, “Since the 2020 COVID pandemic, there has been no stability anywhere, but India has progressed well,” showcasing the effectiveness of India's policies and the strength of its people.12
Modi attributed this growth to the collective efforts of the nation, stating, “Certain people in India have been trying to spread negativity, falsehood, but we progressed well despite all that.” He encouraged citizens to embrace a ‘vocal for local’ approach, urging them to avoid foreign holidays and weddings.56
In a bid to maintain economic momentum, he advised, “Unless necessary, do not buy gold,” emphasizing the need for self-reliance. Modi expressed confidence that focusing on Swadeshi would lead to a developed India by the centenary of its independence.
The GDP growth of 7.8% surpassed last year's 6.9% but fell short of the 8.6% recorded in the previous quarter. This growth comes as Modi previously issued a seven-point austerity appeal to conserve foreign exchange amid ongoing energy crises linked to conflicts in West Asia.9
“Modi credited the growth to the country's policies, intentions, and people's strength, while accusing some of spreading 'negativity, falsehood.' He also urged self-reliance, saying 'we must become self-reliant' to maintain growth speed, and linked it to presenting a developed India in the 100th year of Independence.”
