Did PM Modi Critique Congress at NDTV World Summit?
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Synopsis
At the NDTV World Summit, PM Modi delivered a powerful speech reflecting on India's past under Congress rule. He highlighted the nation's transformation and accused Congress of economic mismanagement while showcasing his government's achievements in financial inclusion and growth. This address set the stage for a discussion on India's progress and future prospects.
Key Takeaways
- PM Modi's address critiqued Congress's governance.
- India has transformed into a top-five global economy.
- Financial inclusion is a key achievement of Modi's government.
- Reforms have focused on democratizing policies.
- India is increasingly appealing to global investors.
New Delhi, Oct 17 (NationPress) During the NDTV World Summit on Friday evening, Prime Minister Narendra Modi reflected on the policy environment prior to 2014, presenting a stark assessment of India's struggles under Congress rule. He accused the party of enabling policy paralysis, widespread corruption, and economic mismanagement that left the country exposed.
Speaking on the theme “Unstoppable India” at the Bharat Mandapam in New Delhi, PM Modi addressed a gathering of international leaders, including Sri Lankan Prime Minister Harini Amarasuriya, former UK Prime Minister Rishi Sunak, and former Australian Prime Minister Tony Abbott, contextualizing India's progress against the failures of the Congress era.
He contrasted his administration's inclusive reforms with the exclusionary legacy of Congress. “They alienated people from banks; the impoverished were intimidated to even enter them. When we assumed office, half the populace was unbanked,” he stated.
His government established over 50 crore Jan Dhan accounts, revolutionizing finance and positioning India as a leader in digital transactions.
“In contrast to Congress, we endeavored to democratize policies, not bureaucratize them. This is the essence of Unstoppable Bharat,” he asserted, pointing out banking reforms that addressed the Non-Performing Assets (NPA) crisis left behind by Congress.
PM Modi launched a fierce critique of the Congress party's governance, accusing it of creating a “mountain of NPAs”, distancing citizens from banking, and proposing to close petrol stations for 12 hours daily to avoid subsidy burdens.
“Before 2014, discussions revolved around bracing for global challenges, women's safety issues, and sleeper cells of terrorism. Many doubted India's resurgence,” he remarked.
However, India has since evolved from being among the “fragile five” to becoming a top-five global economy.
“Inflation is under 2 percent, and our average growth over the past three years has been 7.8 percent - an extraordinary feat,” PM Modi declared, referencing recent upward revisions in India's growth forecasts by the IMF (International Monetary Fund).
The Prime Minister also criticized Congress's subsidy policies, mentioning their plan to close petrol stations from 8 PM to 8 AM to manage subsidies.
“Now, stations operate around the clock, ensuring accessibility,” he emphasized, reiterating his government's dedication to public welfare.
PM Modi highlighted India's attractiveness to global investors, noting Google's recent significant investment and increasing interest in the energy and semiconductor industries.
“The world recognizes opportunity in India and regards us as a dependable ally,” he added. PM Modi characterized India's journey as transforming “every risk into reform, reform into resilience, and resilience into resolution.”
Disregarding Congress's earlier liberalization as “reforms out of necessity,” he framed his policies as proactive and focused on the populace.
As the summit, themed “Edge of the Unknown: Risk, Resolve, Renewal,” fostered global dialogue, PM Modi’s speech reaffirmed India's rise, positioning his government’s reforms as a significant departure from Congress’s errors, paving the way for a stronger, more inclusive nation.
Point of View
It is vital to acknowledge the realities of India's governance. PM Modi's remarks at the NDTV World Summit highlighted significant changes in policy direction and economic growth. While criticisms of Congress are valid, they also serve as a reminder of the complex dynamics in Indian politics. Our focus should remain on fostering a collaborative approach to sustain India's growth trajectory.
NationPress
17/10/2025
Frequently Asked Questions
What were PM Modi's main criticisms of Congress?
PM Modi criticized Congress for policy paralysis, rampant corruption, and mismanagement of the economy, which he claims left India vulnerable.
How did PM Modi highlight his government's achievements?
He showcased the opening of over 50 crore Jan Dhan accounts, financial inclusion, and India's growth from the 'fragile five' to a top-five global economy.
What reforms did PM Modi emphasize in his address?
PM Modi stressed the importance of democratizing policies and highlighted banking sector reforms that addressed the NPA crisis inherited from Congress.
What is the significance of the NDTV World Summit?
The NDTV World Summit is a platform for global leaders to discuss pressing issues, and PM Modi's address reaffirmed India's position on the world stage.
How did PM Modi position India's economic growth?
He noted that inflation is under 2% and India has achieved an average growth of 7.8% over the last three years, according to recent IMF forecasts.
