Prime Minister Narendra Modi declared on Thursday that India has firmly boarded the reform express, emphasizing the nation's progressive economic trajectory. Speaking at the commencement of the Budget Session in Parliament, New Delhi, he lauded the recently finalized India-EU Free Trade Agreement (FTA) as a landmark achievement.
Parliamentary Address Highlights Reform Momentum
In his opening remarks, PM Modi underscored the importance of the President's address to both Houses of Parliament, describing it as a reflection of the trust and aspirations of 140 crore Indian citizens. He noted that the address particularly resonated with the youth of the nation, outlining their hopes and ambitions for the future.
Confidence in Parliamentary Proceedings
The Prime Minister expressed confidence that all Members of Parliament (MPs) would take the President's guidance seriously as they embark on the legislative agenda for 2026. He stated, "The President's Address yesterday was the expression of the trust of 140 crore Indians, an account of their capability and of the sketch of their aspirations, especially of the youth. For all MPs, the President also said several things to guide them. At the beginning of the session and 2026, the expectations expressed by the President - I am confident that all MPs took this seriously."
Strategic Implications of the India-EU FTA
PM Modi highlighted the India-EU Free Trade Agreement as a pivotal step in enhancing India's global trade relations. This agreement is expected to:
- Boost bilateral trade and investment flows
- Create new opportunities for Indian businesses in European markets
- Strengthen economic cooperation between India and the European Union
The Prime Minister's remarks set a positive tone for the Budget Session, focusing on economic reforms and international partnerships. As the session progresses, further updates on legislative discussions and policy announcements are anticipated.
