According to PM Modi, the Indian economy represents a beacon of hope in challenging times. Here are some key points explaining his view:

• The Indian economy has shown resilience amid the global economic slowdown, demonstrating its potential and strength.
• India's vibrant market offers immense opportunities for both domestic and foreign investors.
• The government's commitment to structural reforms, such as the introduction of Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code (IBC), has improved the ease of doing business in the country.
• Strong macroeconomic indicators, including a stable inflation rate and fiscal deficit, further strengthen the Indian economy's position.
• Various government initiatives like Make in India, Digital India, and Skill India have helped in boosting manufacturing, digital infrastructure, and human resource development respectively, contributing to economic growth and job creation.
• The agricultural sector, with its vast potential, has also played a crucial role in sustaining the economy even during challenging times.
• India's demographic dividend, with a young and aspiring population, is an advantage that can foster innovation, entrepreneurship, and economic growth.

PM Modi believes that these factors make the Indian economy a shining example of hope and resilience in times of adversity.