In Brief
- India registers 7.8% GDP growth in the April–June quarter of FY 2026–27.
- Strong growth sustained despite global conflicts, supply chain shocks, and market instability.
- PM Modi urges citizens to curb non-essential gold purchases to conserve national resources.
- Prime Minister reiterates calls for disciplined financial spending to safeguard economic progress.
Prime Minister Narendra Modi lauded India's 7.8% Gross Domestic Product (GDP) growth during the April–June quarter (Q1 FY 2026–27), describing the economic expansion as a "herculean feat". He highlighted that the strong performance reflects the resilience of the Indian economy, even amid ongoing global conflicts, oil price volatility, and economic instability.
Addressing the public, PM Modi revived his call for fiscal discipline and swadeshi spending. He appealed to citizens to avoid buying gold unless absolutely necessary, aiming to limit capital outflows and conserve national resources amid unpredictable global conditions. His message emphasized that sustained financial discipline among households will be essential to maintaining the country's economic growth momentum.