Prime Minister Narendra Modi on Monday said India is not just an emerging market but an “emerging model” for the world, asserting that the country is moving toward a vibrant and stable economic future despite global uncertainties.

Delivering the sixth Ramnath Goenka Lecture in the national capital, the Prime Minister said the mandate in the Bihar Assembly election reflected people’s trust in the “politics of development.”

Referring to the global macroeconomic situation, PM Modi said the European crisis of 2022 disrupted supply chains and energy markets, yet India recorded strong economic momentum during 2022–23. He added that even as conflict intensified in West Asia in 2023, India’s growth remained resilient, and the country continues to maintain a GDP growth rate of around seven per ce

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