India’s sturdy progress was giving confidence to the world and the federal government will proceed with financial reforms, Prime Minister Narendra Modi mentioned on Tuesday as he attacked the Opposition and known as for the combination of UPI with the cost techniques of extra nations.
Modi spent the day in Gujarat and Maharashtra, first laying the inspiration stones, inaugurating and dedicating to the nation improvement initiatives value ₹35,000 crore in Vadodara, then addressing the ‘Namo for Viksit Bharat’ programme, and at last inaugurating the World Fintech Fest 2026 in Mumbai.
Modi mentioned the world was passing by a interval of battle, uncertainty, vitality and commodity challenges, and commerce tensions, making India’s 7.8% GDP progress within the earlier quarter notably important. He mentioned the rising world confidence in India was additionally mirrored in sovereign scores.
“Such developments confirmed that the world was assured about India’s progress momentum, macroeconomic stability and structural reforms. The nation’s fintech story would stay incomplete with out UPI, which has accomplished 10 years. What appeared inconceivable a decade in the past has grow to be a each day actuality for tens of millions of Indians,” he mentioned.
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He additionally known as on the fintech {industry} to strengthen cybersecurity, undertake moral data-protection requirements, deepen regulator-industry innovation and develop a fintech client safety index for clear firm scores.
PM Modi’s ‘naraz fufa’ dig at Rahul Gandhi
Earlier within the day, he took a dig on the Opposition over the newly inaugurated devoted freight hall, saying critics would nonetheless complain like a “naraz fufa” (grumpy uncle) and manufacture grievances, whereas additionally dismissing Congress chief Rahul Gandhi’s marketing campaign in opposition to the federal government as “jhooth ki goonj” (echo of lies).
Talking on the inauguration of three key sections of the Western Devoted Freight Hall, connecting Jawaharlal Nehru Port in Navi Mumbai with Dadri in Uttar Pradesh, Modi praised his administration’s tempo of execution and known as the previous Congress-led UPA regime’s working velocity sluggish.
“After 2014, together with your blessings, once I reached Delhi, and as quickly as we arrived there, we started accelerating this mission. Work on the devoted freight hall has been accomplished immediately,” Modi mentioned.
Concentrating on Congress chief Rahul Gandhi with out naming him, Modi mentioned that opponents would at all times discover fault with main infrastructure milestones.
“Now, the naraz fufaji (grumpy uncle) will begin shouting: What is going to occur to the truck drivers? The place will the vans go? What in regards to the vans folks have bought? Now, fufaji has discovered one thing new to complain about,” Modi quipped.
Modi pointed to speedy modernisation beneath his tenure.
“After 2014, India constructed 50,000 trendy rail coaches. The earlier regime couldn’t construct even 50,000 bogs in 10 years,” he mentioned, reiterating that the nation’s youth would proceed to champion actuality over political rhetoric.
Modi’s renewed Gen Z outreach
Taking intention on the Opposition’s outreach efforts, particularly Gandhi’s ‘Chhatron Ki Goonj’ marketing campaign, the PM cautioned the youth.
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“At each nook and nook, you can see individuals who will attempt to mislead you thru lies, however immediately’s youth will stand with the reality,” Modi mentioned.
At MSU Pavilion Floor, the stage was constructed like that in a live performance the place a Y-shaped ramp ran off the dais for Modi to stroll amongst Gen-Z college students and younger professionals. Entry was by free BookMyShow registration. Seats stuffed in about an hour, some 42,000 have been waitlisted, and about 6,000 have been inside.
Earlier within the day at Maharaja Sayajirao College grounds, Modi underlined his authorities’s achievements.
“This devoted freight hall stands as a testomony to how the nation’s work tradition has reworked over the past 12 years. The idea for this devoted freight hall was first mooted in 2004… A particular firm was shaped in 2006 to execute this mission. But, till 2014, the recordsdata merely shuttled forwards and backwards; they have been simply touring from one desk to a different. And take a look at the irony—even these recordsdata didn’t get the advantage of a devoted hall,” he mentioned.
“In 2014, the folks of Vadodara, Gujarat, and all the nation despatched me from Gujarat to Delhi. The earlier authorities remained in energy till 2014, you despatched me there, and so they have been proven the door. In 7-8 years, not even a single kilometre of labor on the freight hall had been accomplished. Had the nation been run in line with their strategies, who is aware of, even three or 4 subsequent generations may need handed with out it ever getting completed. That was the state through which that they had left a mission meant to remodel India’s logistics ecosystem. After 2014, I set about accelerating this work instantly.”
Modi mentioned that from the Pink Fort on Independence Day, he had invoked ‘Saptadhara’ for Viksit Bharat (developed India) and that Gati Shakti was one of many seven streams.
Additionally Learn | ‘Not jhoot ki goonj, youth marches ahead with…’: PM Modi’s dig at Rahul Gandhi in Vadodara
In Mumbai, Modi urged the fintech ecosystem to not relaxation on the laurels of the previous decade that noticed real-time funds utilizing UPI rise to 24.51 billion transactions, as of August this yr. He mentioned the main target must be to broaden UPI to nations which can be dwelling to a big Indian diaspora, have excessive commerce volumes with India or are keen to companion with New Delhi in connecting their techniques.
“That is important as a result of Indians work in giant numbers in overseas nations. They’re the biggest remitters of cash. Part of the remittances goes away as transaction prices; UPI will help in saving on these prices and the cash may attain households sooner,” he mentioned.
Modi mentioned the UPI platform was now reside in 11 nations and linked with the native system in Singapore. “We are able to set our personal guidelines and requirements and join them with the world,” he mentioned.
Reiterating French President Emmanuel Macron’s phrases, Modi mentioned UPI was not solely a tech story but additionally a civilisational one.