New Delhi, Feb 5 (NationPress) Prime Minister Narendra Modi, during his response to the Motion of Thanks on the President's address in the Rajya Sabha on Thursday, staunchly defended his administration's banking and public sector reforms while delivering a pointed critique of the Opposition, especially the Congress and Trinamool Congress, amidst ongoing disruptions in the Budget Session.

In his address, Prime Minister Modi highlighted the significant accomplishments in the banking sector, stating that non-performing assets (NPAs) have been curtailed to under one percent through various reforms, emphasizing that a resilient banking structure is crucial for a thriving economy.

He contrasted this with the performance of previous administrations, asserting that public sector undertakings (PSUs) are now achieving record profits and acting as driving forces for the 'Make-in-India' initiative, creating jobs, and expanding on a global scale.

Modi accused the Opposition of disseminating false information regarding PSUs, comparing their actions to urban Naxals inciting chaos outside factories.

The Prime Minister expressed his discontent regarding the quality of discussions in the House, indicating that although he listened to multiple speeches, he believed the discourse could have been more elevated.

He specifically targeted the Trinamool Congress, highlighting the deteriorating law and order situation in West Bengal while its MPs engage in parliamentary advocacy.

Modi criticized their position on illegal immigrants, referring to them as 'ghuspetiye', and noted that even developed nations are deporting such individuals, yet some parties in India provide them shelter.

He warned that illegal immigrants are taking jobs from the youth, encroaching on Adivasi lands, increasing violence, and threatening women's safety.

He drew a stark distinction regarding the term 'deal', stating that today it connotes positive trade agreements, whereas in the past, it was associated with scandals like the Bofors deal, which allegedly focused on personal gain.

Expressing gratitude to the Indian populace for their support, PM Modi noted that a significant portion of his government's focus has been on rectifying errors from the Congress era.

He underscored a transition to future-ready policies, moving away from ad-hocism towards organized governance that has garnered international confidence.

'Under the mantra of reform-transform-perform', India is on the 'reform express', with structural and policy enhancements adding value across sectors, positioning the nation to compete globally in all aspects,' PM Modi stated.