India’s democracy and demography are a beacon of hope for the world: PM Modi

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PM’s statement ahead of Budget Session of Parliament

     Addressing the media ahead of the Budget Session of Parliament on 29 January 2026, PM Shri Narendra Modi said yesterday, the Hon’ble President’s address was an expression of the self-confidence of 140 crore countrymen, an account of the collective endeavour of 140 crore Indians, and a very precise articulation of the aspirations of 140 crore citizens—especially the youth. It also laid out several guiding thoughts for all Members of Parliament. This session, in itself, is a very important one. It is the Budget Session. Finance Minister Nirmala ji is presenting the budget in Parliament for the ninth consecutive time—the first woman Finance Minister in the country to do so. This moment is being recorded as a matter of pride in India’s parliamentary history.

This year has begun on a very positive note. A self-confident India today has become a ray of hope for the world and also a centre of attraction. At the very beginning of this quarter, the Free Trade Agreement between India and the European Union reflects how bright the coming directions are and how promising the future of India’s youth is. This is free trade for an ambitious India, free trade for aspirational youth, and free trade for a self-reliant India. I am fully confident that, especially India’s manufacturers, will use this opportunity to enhance their capabilities.

I would say to all producers: when such a “mother of all deals,” as it is called, has been concluded between India and the European Union, our industrialists and manufacturers should not remain complacent merely thinking that a big market has opened and goods can now be sent cheaply. This agreement with 27 countries is bringing major opportunities for our fishermen, our farmers, our youth, and those in the service sector who are eager to work across the world. I am fully confident that this is a very significant step toward a confident, competitive, and productive India.
The country is now moving out of long-term pending problems and stepping firmly onto the path of long-term solutions. When long-term solutions are in place, predictability emerges, which creates trust across the world. In every decision we take, national progress is our objective, but all our decisions are human-centric. Our role and our schemes are human-centric. We will compete with technology, adopt technology, and accept its potential, but at the same time, we will not allow the human-centric system to be diminished in any way. Understanding the importance of sensitivities, we will move forward with a harmonious integration of technology and humanity.

India’s democracy and India’s demography today represent a great hope for the world. From this temple of democracy, we should also convey a message to the global community—about our capabilities, our commitment to democracy, and our respect for decisions taken through democratic processes. The world welcomes and accepts this.

At a time when the country is moving forward, this is not an era of obstruction; it is an era of solutions. Today, the priority is not disruption, but resolution. Today is not a time to sit and lament through obstruction; it is a period that demands courageous, solution-oriented decisions. I urge all Members of Parliament to come forward, accelerate this phase of essential solutions for the nation, empower decisions, and move successfully ahead in last-mile delivery.