Modi touts India reforms at forum

Prime Minister Narendra Modi addressed the Economic Times World Leaders Forum in New Delhi on August 21, 2026, asserting that reforms across all sectors are his government's commitment and that India continues to take steps to ensure sustained growth momentum. He highlighted India's political stability and policy continuity, positioning the country as a bright spot of growth and hope amid global concerns over resource weaponization. Modi emphasized a shift from a 'prohibited-unless-permitted' to a 'permitted-unless-prohibited' regulatory approach, and contrasted his government's Production Linked Incentive (PLI) model with the previous 'licence raj' and 'Production Linked Punishment' approach. He cited reforms in India — Indian Railways, India — Delhi Metro Rail Corporation, and Namo Rapid Rail as examples of progress, and noted improvements in border infrastructure and the availability of the world's cheapest data and mobile phones. The speech was largely promotional, outlining the government's reform agenda and governance philosophy.