Why World Order Is Breaking After Seven Decades - PM Modi Explains at GBS 2026

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Delhi: Prime Minister Narendra Modi on Friday said that India will contribute to global growth as after 7 decades the world order is breaking down because the foundation was based on one size fits all. The Prime Minister said that it was assumed that supply chains will be firm and nations were seen only as contributors and now they are realising the need for self reliance. Addressing ET Now's Global Business Summit 2026, PM Modi said that when their government was elected, they decided that not one single economic model will be followed and even in these times of disruption, the Indian economy has marched forward.

Earlier Govts Did Reforms Under Compulsion, But We Do It With Conviction: PM Modi

Reflecting upon how India is focussing on bringing change, PM Modi said that the reform express is speeding not under any compulsion but because of conviction. "You have seen the period before 2014 unless there is a forced situation, there would be no reforms."

https://www.youtube.com/watch?v=Bj_Wv0Q5Vwk

"When power sector faced challenges, grids structure started to fail, only then power sector reforms were brought," PM Modi said while hitting out at previous government during the Congress-led era.He further said that reforms not just in policy process and delivery but mindset also saw change.

PM Modi Shares Interesting Anecdote on 'Cabinet Notes'

Sharing an interesting chapter from his government working style, PM Modi said that they talk about a process of cabinet notes. Recalling what used to happen earlier, he said, "One cabinet note would earlier take months. We changed the process and said one note will not stay on an officer's table for more than some particular hours, either reject, approve or take a decision, and the results can be seen."

https://www.youtube.com/watch?v=Gw4QXlmqcU0

Speaking further, PM Modi said that earlier in border areas, even for a normal road, permission was required from Delhi, which is why decades later there was lack of development in these areas. "We have fast-tracked procedures in these projects."