India’s High Development and Low Inflation Model: Modi

New Delhi – Prime Minister Narendra Modi stated that India serves as a model for high development and low inflation. He mentioned on Saturday that the country’s GDP growth rate of 8.2 percent in the second quarter of the current fiscal year reflects India’s contribution to the global economic development engine. Modi expressed that India’s faith in a capitalist mindset was shaken but the country is now moving forward. He emphasized that the changes happening in India are not just possibilities but stories of changing mindset and direction.

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