India reforming, not out of compulsion, but out of conviction: PM at Global Investors Summit

Prime Minister Narendra Modi said on Friday, highlighting the country’s development strides and investment-friendly environment, and pointing out that Uttar Pradesh is leading the country’s growth, that India is reforming not out of compulsion, but out of conviction.

If India is the bright spot in the world, Uttar Pradesh is leading the country’s growth, Prime Minister Narendra Modi said after launching the Uttar Pradesh Global Investors Summit 2023 in Lucknow.

Addressing the gathering, Prime Minister said, “Uttar Pradesh’s growth has been noteworthy. People used to say that it was hard to develop UP and the law and order situation could not be improved. UP was known for scams and no one had any hopes for UP. But, within just five to six years, UP has established a new identity for itself. Today Uttar Pradesh is known for good governance, peace, law and order, and stability.”

The PM said a big change is being witnessed in the thinking and aspirations of Indian society and youth today. The aspirations of the country are pushing the governments, and these aspirations are pushing the development work.

“Today every credible voice in the world believes that India’s economy will continue to grow rapidly. The biggest reason behind this is the increasing self-confidence of Indians,” he said.

Prime Minister said that UP has also reaped great benefits from the work that has been done on social, digital and infrastructure in India. He said the Centre has abolished dozens of archaic laws and today India is truly on the path of speed and scale.

“Today, India is reforming, not out of compulsion, but out of conviction. More than 40,000 compliances have been removed and many laws have been abolished,” PM Modi said.