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India has dispelled the myth that democracy & rapid economic growth cannot go together: PM Modi

Published By : Admin | March 12, 2016 | 09:26 IST
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Prime Minister Narendra Modi today attended the ‘Advancing Asia: Investing for the future’ event in New Delhi. The event was organized by the International Monetary Fund. Speaking at the event the PM said that the 21st century belonged to Asia.

Shri Modi spoke at length as how India dispelled the myth that democracy and rapid economic growth could not go together. Adding further the PM stated that India had shown that a large, diverse country could be managed in a way that could promote economic growth and maintain social stability.

Prime Minister Modi highlighted several initiatives of the Government that were boosting entrepreneurship and strengthening the country. The PM also mentioned about increased investment in the agriculture sector and Government’s aim to double farmers’ income. He also noted that corruption and interference in the decisions of banks and regulators have been reduced in the country.

The Prime Minister also expressed his part of content on IMF’s decision to finalize the next round of quota changes by October 2017.  

Click here to read the full text speech

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Prime Minister shares Sanskrit Subhashitam highlighting the role of diversity in innovation and entrepreneurship
June 15, 2026

The Prime Minister, Shri Narendra Modi said that in the fields of innovation and entrepreneurship, every individual has a distinct way of thinking and a unique creative vision, and it is this diversity that gives rise to new possibilities. He noted that just as every source of water has a different taste, every talent possesses its own unique identity and contribution. The Prime Minister added that innovation and progress become possible through the convergence of diverse ideas and capabilities.

The Prime Minister shared a Sanskrit Subhashitam-

“पिण्डे पिण्डे मतिर्भिन्ना कुण्डे कुण्डे नवं पयः।

जातौ जातौ नवाचाराः नवा वाणी मुखे मुखे॥”

The Subhashitam conveys that in the field of innovation and enterprise, each person has a different way of thinking and a unique creative vision, and this diversity gives rise to new possibilities. Just as the taste of water differs from one source to another, every talent has its own distinct identity and contribution. It is through the combination of these different ideas and abilities that innovation and progress become possible.

The Prime Minister wrote on X;

“पिण्डे पिण्डे मतिर्भिन्ना कुण्डे कुण्डे नवं पयः।

जातौ जातौ नवाचाराः नवा वाणी मुखे मुखे॥”