PM Modi urges Indians to adopt 'Swadeshi' goods amid global economic uncertainty

Prime Minister Narendra Modi has urged Indian traders to promote Swadeshi goods and remain focused on their own economic priorities amid global uncertainty. He emphasized the importance of promoting indigenous goods and called for a national movement to support local products, citing India's path to becoming the world's third-largest economy. Modi also highlighted the government's farmer-centric policies and stressed the need for collective effort to fulfill the dream of a developed India.

Prime Minister Narendra Modi has called for a renewed focus on 'Swadeshi' (indigenous products) amidst growing global economic instability. Speaking in Varanasi, Modi emphasized the need for Indians to prioritize locally-made products and stand united in the face of uncertainty. This appeal comes in response to recent tariffs imposed by the United States, which have affected Indian exporters [1].

Modi warned that the world economy is entering a phase of instability and unpredictability, where countries are increasingly focusing on their own interests. He stressed that India, on the path to becoming the world's third-largest economy, must remain alert to its own economic priorities [2].

The Prime Minister called for a nationwide movement to support indigenous industry, urging all political parties and leaders to work in the nation's interest and promote the spirit of Swadeshi. He also urged shopkeepers and traders to pledge to sell only Indian-made goods, especially during festive seasons [1].

Modi highlighted the government's efforts to support farmers, small industries, and youth employment but emphasized that national transformation cannot happen without citizen participation. He urged people to be conscious consumers, asking them to consider the origins of every purchase [1].

The Prime Minister's appeal underscores India's commitment to self-reliance and economic independence, particularly in light of the US's recent trade policies. By promoting Swadeshi goods, India aims to strengthen its domestic economy and reduce its dependence on imports.

References:

[1] https://timesofindia.indiatimes.com/india/must-remain-alert-pm-modis-swadeshi-appeal-for-indians-days-after-trumps-25-tariff/articleshow/123063410.cms
[2] https://economictimes.indiatimes.com/news/india/india-on-path-to-becoming-third-largest-economy-must-remain-alert-to-own-economic-priorities-pm-modi/articleshow/123063158.cms