Prime Minister Shri Narendra Modi addressed the Motion of Thanks for President's Address today in Rajya Sabha.Prime Minister said that the  aim  of $ 5 trillion economy is ambitious but we have to think big and move ahead.  “Let me reassure you that India's economy is strong. India is pursuing a dream of $ 5 trillioneconomy with full speed and full potential”, the Prime Minister said.

Prime Minister emphasised that to fulfil the dream$ 5 trillion economy the government is focussing on village and city infrastructure, MSMEs, textiles, technology and tourism.Several steps have been taken to take all these sectors forward. All the processes including tax structure have been simplifiedto give momentum to Make in India. These steps will ensure new enthusiasm in the country about manufacturing.The merger policy in the banking sector has already started yielding meaningful results. 

Small towns are the foundation of New India 

Prime Minister stated that the most aspirational youth of the country lives in the small town which is also the foundation of the new India.“Today more than half of the digital transactions in the country are taking place in small cities. Half of the startups being registered in the country are in Tier-2, Tier-3 cities. That is why we are focussing on the construction of modern infrastructure in Tier-2, Tier-3 cities at a rapid pace. Highway and rail connectivity are being rapidly improved”, the Prime Minister said.

100 more airports by 2024 

Prime Ministersaid that recently250th route was launched under UDAN scheme. This has made   air connectivity affordable and accessible in 250 small cities of India.“From independence to 2014 where there were only 65 operational airports in the country, they have increased to more than 100 in the last 5 years. The target is to develop 100 more airports by 2024, mostly in Tier-2, Tier-3 cities”, Prime Minister said.

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Prime Minister hails India-UK Comprehensive Economic and Trade Agreement as a historic milestone for bilateral relations
June 17, 2026

The Prime Minister, Shri Narendra Modi, has expressed delight that the India-UK Comprehensive Economic and Trade Agreement will enter into force on 15 July 2026.

The Prime Minister said that the agreement will significantly boost bilateral trade and investment.

Shri Modi stated that the agreement will unlock numerous opportunities for Indian farmers, workers, MSMEs, startups and innovators and contribute meaningfully to the realisation of Viksit Bharat 2047.

The Prime Minister noted that both he and UK Prime Minister Keir Starmer, who are in Evian for the G7 Summit, are very happy with the significant momentum being added to India-UK economic ties.

The Prime Minister wrote on X;

“A historic milestone for India-UK relations.

Delighted to note that the India-UK Comprehensive Economic and Trade Agreement will enter into force on 15th July 2026.

This agreement will significantly boost our bilateral trade and investment.

It will also unlock numerous opportunities for Indian farmers, workers, MSMEs, startups and innovators and contribute meaningfully to the realisation of Viksit Bharat 2047.

Both PM Starmer and I, who are in Evian for the G7 Summit, are naturally very happy with the significant momentum being added to our economic ties.

@Keir_Starmer”