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Modi: Next decade for India must focus on excellence, not just achievement

Created at 10 Jun · 7:21 PM2 sources↑ Market-relevant2 events
IN SHORT

Prime Minister Narendra Modi stated India is advancing confidently on its growth path despite global instability, emphasizing the need for excellence over mere achievement in the coming decade. He highlighted India's 7.7% growth in 2025-26 and the importance of leveraging its demographic dividend and women-led development.

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Key Numbers

7.7%India's growth rate in 2025-26
2047Target year for a developed India

Who's Involved

Narendra Modi
Prime Minister of India
NITI Aayog
Governing Council meeting host

↳ Why This Matters

Prime Minister Modi's remarks outline India's strategic priorities for the next decade, focusing on economic growth, demographic advantage, women's empowerment, and inter-state cooperation as pillars for achieving developed nation status by 2047 amidst global economic headwinds.

Key facts

  • Prime Minister Narendra Modi called for India's next decade to focus on excellence and achievement.
  • India is advancing confidently on its growth path despite global instability.
  • India achieved a 7.7% growth rate in 2025-26.
  • Leveraging India's demographic dividend and promoting women-led development are key drivers for a developed India.
  • Cooperative federalism and collaboration between the Centre and states are crucial for development.
  • Free trade agreements are opening new opportunities for exports and MSMEs.
  • Harnessing India's young population is a historic opportunity.
  • NITI Aayog can serve as a platform for states to exchange ideas and work towards a developed India.

Prime Minister Narendra Modi stated that India is confidently advancing on its growth path despite global instability, emphasizing that the country's focus on free trade agreements, youth development, and cooperative federalism will be key to achieving the goal of a developed nation by 2047. Chairing the 11th meeting of the Governing Council of NITI Aayog, Modi highlighted that India has continued to advance "with confidence and determination" even as the world grapples with uncertainty and instability.

Modi noted that India's recent free trade agreements with multiple countries are opening up fresh opportunities for exports and businesses, particularly for micro, small and medium enterprises (MSMEs). He described India's demographic advantage as a "historic opportunity" that must be harnessed through quality education, demand-driven skilling, and greater employment opportunities, stating that empowered youth will drive the journey towards Viksit Bharat (developed India).

Calling for closer collaboration between the Centre and states, Modi said dialogue and cooperation should remain the foundation of policymaking, with NITI Aayog serving as a platform for states to exchange ideas. He also highlighted the role of women in India's growth story, describing women-led development as a key pillar of the country's long-term vision and urging states to focus on women's education, skilling, safety, and empowerment.

Frequently asked questions

Prime Minister Modi stated that the next decade for India must focus on excellence and achievement, leveraging its demographic dividend and promoting women-led development.

India is advancing on its growth path with confidence and determination, achieving a 7.7% growth rate in 2025-26 despite global uncertainty and instability.

Modi highlighted that recent free trade agreements are opening fresh opportunities for exports and businesses, particularly for MSMEs, enabling them to prepare for global markets.

Modi emphasized that dialogue and cooperation between the Centre and states, facilitated by platforms like NITI Aayog, are crucial for achieving the vision of a developed India.

What Happens Next

01India will focus on achieving excellence in its development goals over the next decade.
02States will engage in healthy competition to drive national progress.
03The government will continue to implement policies aimed at realizing India's full potential.
04India will leverage its demographic dividend and women-led development as key growth drivers.

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Cadence

How It Developed

Prime Minister Narendra Modi stated India's next decade must focus on excellence and achievement.
Modi highlighted India's 7.7% growth rate in 2025-26 amidst global economic challenges.
Modi said India remains on a steady growth path despite a volatile global environment.
He stressed the importance of leveraging India's demographic dividend and promoting women-led development.
Modi emphasized the role of cooperative federalism and collaboration between states and the center.
He stated that India's recent free trade agreements are opening fresh opportunities for exports and MSMEs.
Modi described India's young population as a 'historic opportunity' that must be harnessed.
He called for closer collaboration between the Centre and states, with NITI Aayog serving as a platform for idea exchange.

Sources

T1
For Viksit Bharat, next decade must be one of excellence, not just achievement: PM ModiThe Economic Times
T1
At NITI Aayog meet, PM Modi says India moving ahead despite global headwindsThe Economic Times

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