India's Path to Economic Supremacy Amid Global Uncertainty
Prime Minister Narendra Modi emphasized India's aim to become the world's third-largest economy, urging a focus on indigenous products amid global economic instability. Following President Trump's tariff announcement and criticism of India's economy, Modi called for a national movement towards Swadeshi, promoting local goods and interests.
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Amid global economic instability, Prime Minister Narendra Modi reiterated India's ambition to ascend as the world's third-largest economy. During a public meeting in Varanasi, he emphasized the need for vigilance towards national economic priorities.
This call comes in the wake of US President Donald Trump's sharp critique of India's economy, labeling it 'dead,' alongside the imposition of a 25% tariff on Indian imports. Modi's response highlighted the importance of Swadeshi, urging people and traders to prioritize indigenous goods.
Modi's appeal comes against the backdrop of challenging US-India trade negotiations, with India resisting American demands for concessions in a proposed bilateral trade agreement. Commerce Minister Piyush Goyal affirmed India's determination to protect national interests amid these pressures.
(With inputs from agencies.)
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