PM Modi Declares Trust as India’s Most Powerful Currency

Prime Minister Narendra Modi recently highlighted India’s growing significance as a trusted partner in global trade. Speaking to an enthusiastic crowd of around 10,000 people in Kuala Lumpur, he emphasized that India’s recent trade agreements signal a shift from being merely a large market to becoming a vital hub for investment and trade.

India’s Expanding Global Trust

During his speech, Modi stated, “Trust has become India’s strongest currency,” citing various trade agreements India has established with countries such as the United States, UK, UAE, Australia, New Zealand, Oman, and the European Union. This illustrates the increasing confidence the international community places in India.

Key Highlights of the Speech

• Global Partnerships: Modi acknowledged that India is moving toward becoming a robust hub of investment.
• Trade Agreement Framework: He discussed the depth of partnership between India and the US, thanking former President Trump for his support in strengthening ties.
• Economic Opportunities: The new trade framework is expected to benefit various sectors, including agriculture, entrepreneurship, and small and medium enterprises (MSMEs).
• Job Creation: Modi noted that these agreements are likely to generate significant employment opportunities, especially for women and young people.

Commitment to Innovation and Growth

Modi underlined the shared commitment to innovation between India and the US, emphasizing that the new framework would enhance technology partnerships. It is designed to foster resilient supply chains that contribute to global economic growth.

As India strives for a ‘Viksit Bharat’ (developed India), Modi reaffirmed the country’s dedication to building future-oriented partnerships that empower its citizens and promote shared prosperity.

Reactions and Future Discussions

There has been enthusiasm among Modi’s ruling alliance following these trade deals, with many viewing them as endorsements of India’s growing economic status. However, the opposition parties are likely to raise concerns regarding potential compromises on Indian interests when Parliament convenes.

In summary, PM Modi’s recent remarks in Kuala Lumpur underscore India’s evolving role in the global trade landscape, where trust serves as a powerful currency driving new opportunities and partnerships.