PM Modi lauds India's 7.8% real GDP growth in Q1FY27; asks citizens to avoid foreign trips, buying gold
PM Narendra Modi hailed India’s 7.8% real GDP growth in Q1 FY27, calling it a reflection of the country's collective strength. He credited people's hard work amid global challenges and criticised the Opposition for “spreading despair” while stressing the need to maintain growth momentum.
Prime Minister Narendra Modi expressed satisfaction over India's robust 7.8% real GDP growth in the first quarter of FY27, attributing it to the collective strength and industrious spirit of the nation's people. In a video message, PM Modi praised the country's resilience amidst global challenges, such as wars, crises, and disrupted supply chains.
He urged citizens to focus on domestic products and consumption, discouraging foreign trips and purchasing gold. The 7.8% growth, which surpassed economists' expectations, was driven by strong performance in manufacturing, services, and domestic demand. However, potential risks include rising crude oil prices, inflation, and the impact of the conflict in West Asia.
PM Modi encouraged the nation to embrace Atmanirbhar Bharat, ensuring sustained growth and economic momentum.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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