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'Self-confident India a ray of hope for the world': PM Modi on India-EU FTA
'Self-confident India a ray of hope for the world': PM Modi on India-EU free trade agreement
PM Modi noted that this quarter has begun on a very positive note, with a self-confident India emerging as a ray of hope for the world and becoming a center of attraction.
Heaping praise on the Free Trade Agreement signed between India and the European Union, Prime Minister Narendra Modi on Thursday described it as a reflection of the promising direction India is heading and the bright future awaiting the nation's youth. He added that the agreement represents free trade for a forward-looking India, empowering ambitious youth and supporting a self-reliant nation.
PM Modi noted that this quarter has begun on a very positive note, with a self-confident India emerging as a ray of hope for the world and becoming a center of attraction.
Addressing the media before the start of the Parliament Budget Session, Prime Minister Narendra Modi said that "This quarter has begun on a very positive note. A self-confident India has become a ray of hope for the world today. It has also become a centre of attraction. At the beginning of this quarter, India and the European Union signed a Free Trade Agreement. It is a reflection of how bright the upcoming directions are, of how bright the future of Indian youth is. This Free Trade for Ambitious India, Free Trade for Aspirational Youth, Free Trade for Aatmanirbhar India. I am confident that, especially the manufacturers of India, will use this opportunity to enhance their capabilities."
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The Budget Session 2026 of the Parliament commenced on Thursday. Structured into two phases, it is scheduled to conclude on April 2 and includes the tabling of the Economic Survey, a data-backed report card on last year's performance and future risks.
Highlighting the global significance of India's democratic and demographic strengths, PM Modi said that it is an opportunity to send a message to the world through this temple of democracy, showcasing India's capability, dedication to democratic values, and respect for decisions made through democratic processes.
PM Narendra Modi says, "India's democracy and demography is a big hope to the world today. This is an opportunity to send across a message to the global community through this temple of democracy - of our capability, of our dedication to democracy, of honouring the decisions made through democratic processes. The world welcomes and accepts this," he said.
On the nation's progress, PM Modi emphasized the need for solutions over obstruction.
"Today, the country is advancing. This is not the time for obstruction. This is the time for a solution. Today, the priority is not obstruction, but solution...I urge all MPs to come and let us speed up and strengthen the era of important solutions for the country. We should go ahead towards last mile delivery," he said.
PM Modi added that India is overcoming long-standing challenges while confidently moving toward long-term solutions.
"The country is coming out of long-term pending problems and confidently walking the path of long-term solutions. In all our decisions, the progress of the country is our goal. But all our decisions are human-centric, our role and schemes are human-centric. We will contest against technology, we will adapt to technology, we will accept the capability of technology. But with this, we will not undermine human-centric system. Understanding the importance of sensitivity, in partnership with technology, we will go ahead," he said.
India and the European Union formally concluded negotiations for their Comprehensive Free Trade Agreement (FTA) on January 20, 2026. This historic achievement comes after nearly four years of intensive discussions, which were relaunched in 2022. The agreement is now undergoing legal review and vetting, a process expected to take four to five months, with the formal signing ceremony projected for mid-2026.
Source: ZeeNews
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