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PM Modi reply to 'Bullish on India' campaign: Indian Economy serves as beacon of hope

India's economy is shining as a beacon of hope in these difficult times, PM Modi stated on August 19 in response to Moneycontrol's 'Bullish on India' campaign. Read More: July saw China’s first deflation since February 2021: How will it...
02:49 PM Aug 21, 2023 IST | honey

India's economy is shining as a beacon of hope in these difficult times, PM Modi stated on August 19 in response to Moneycontrol's 'Bullish on India' campaign.

Read More: July saw China’s first deflation since February 2021: How will it influence global economy and common people?

With solid growth and a resilient belief system, the future is bright, Prime Minister Modi said on X. Let's maintain this pace and provide prosperity to India's 140 billion people.

Earlier, the business portal had said on social media that India's economy had survived difficulties and thrived, fostering hope.

The website highlights India's economic sustainability and growth potential in a number of important industries as part of its 'Bullish on India' campaign.

In addition, the website seeks to raise awareness of India's unmatched potential during a slowing global economy by analyzing the major factors driving its economic growth.'Bullish on India' has been displayed as a data-backed campaign highlighting India's persistent economic growth, the portal said in a separate statement. This analysis of macroeconomic factors, including manufacturing, demography, economy, markets, and India's rising position in global leadership, led to the campaign's detailed presentation.

India holds its position as the main economy with the fastest rate of growth in the world.

Additionally, the campaign aims to raise consciousness about India's 'unparalleled potential' during a global economic downturn while analyzing the key factors driving the country's economic progress.

It noted that the nation is expected to have the third-largest economy in the years to come and stated that numerous challenges had recently shook economies all around the world. India, however, continues to hold its position as the main economy with the fastest rate of growth in the world.

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