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PM Modi’s ‘Reform Express’ at GBS 2026: The Roadmap to a $10 Trillion Economy
Summary: PM Modi at GBS 2026 signaled India's rise as a global stabilizer, contributing 16% to world growth through "conviction-led" reforms like the SHANTI Act and Digital Public Infrastructure.
New Delhi,February 14, 2026: In a high-octane address that has sent ripples through global financial corridors,On February 13, Prime Minister Shri Narendra Modi declared at the ET Now Global Business Summit 2026 that India is no longer just a participant in the global order, but its primary engine.
Speaking to a packed audience of CEOs and policy veterans, the PM articulated a vision of "Conviction over Compulsion," detailing how India turned a decade of global disruption into a masterclass in economic resilience.
Shri Modi didn't mince words while contrasting India's past with its present. He recalled the 1991 era where reforms were a "desperate response" to mortgaging gold. Today, he noted, India’s "Reform Express" runs on the fuel of internal commitment.
The Prime Minister highlighted that many of India's most significant shifts are now happening outside the Budget.
"Reforms born out of compulsion never yield proper results. Our reforms-be it UPI or the Digital India trinity-were born out of the conviction to include the last man in the queue." - PM Narendra Modi
New Delhi,February 14, 2026: In a high-octane address that has sent ripples through global financial corridors,On February 13, Prime Minister Shri Narendra Modi declared at the ET Now Global Business Summit 2026 that India is no longer just a participant in the global order, but its primary engine.
Speaking to a packed audience of CEOs and policy veterans, the PM articulated a vision of "Conviction over Compulsion," detailing how India turned a decade of global disruption into a masterclass in economic resilience.
From 'Fragile Five' to Global Foundation
Shri Modi didn't mince words while contrasting India's past with its present. He recalled the 1991 era where reforms were a "desperate response" to mortgaging gold. Today, he noted, India’s "Reform Express" runs on the fuel of internal commitment.
- Growth Contribution: India now accounts for over 16% of global growth.
- The 3rd Spot: The PM reaffirmed that India is sprinting toward becoming the world’s 3rd largest economy.
- A New World Order: With the post-WWII "One Size Fits All" model crumbling, Modi positioned India’s self-reliant yet globally integrated approach as the new template for the 21st century.
The "SHANTI" & "VB-G RAM G" Paradigm
The Prime Minister highlighted that many of India's most significant shifts are now happening outside the Budget.
- Energy Security: He cited the SHANTI Act (2026), a landmark reform opening the nuclear energy sector to private participation-a move aimed at reaching 100 GW of nuclear power by 2047.
- Rural Transformation: He pointed to the Viksit Bharat GRAM G Bill, which replaces MGNREGA with a more robust, infrastructure-focused employment guarantee of 125 days, ensuring rural India becomes a "Livelihood Stack."
"Reforms born out of compulsion never yield proper results. Our reforms-be it UPI or the Digital India trinity-were born out of the conviction to include the last man in the queue." - PM Narendra Modi
Next Stop: The Global AI Impact Summit
As a precursor to the next wave of disruption, the PM announced that New Delhi will host the Global AI Impact Summit (Feb 16-20, 2026). With leaders like Sundar Pichai and Sam Altman expected, the summit aims to cement India's status as the "AI Garage of the World."
Quick Facts: India's 2026 Economic Snapshot
| Metric | Status / Achievement |
|---|---|
| Infrastructure Capex | ₹17 Lakh Crore (Record High) |
| Startups | 2 Lakh+ Registered Entities |
| Tax Devolution | ₹100 Lakh Crore to States (2014-2026) |
| Trade Reach | Comprehensive deals with 38 countries |
Frequently Asked Questions (FAQ)
Q1: What is the SHANTI Act mentioned by PM Modi?
The SHANTI (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) Act allows private sector entry into nuclear power generation to boost clean energy.
Q2: How does the VB-G RAM G Bill differ from MGNREGA?
The new bill increases the employment guarantee from 100 to 125 days and focuses on creating climate-resilient rural infrastructure rather than just manual labor.
Q3: Why did the PM refer to the "Fragile Five"?
It refers to the period before 2014 when India was grouped with economies having high inflation and weak growth; the PM used it to highlight India's 11-year transformation.
PM Modi Speech 2026, India 3rd Largest Economy, Global Business Summit Highlights
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