**Executive Summary**
This document is an English rendering of the Prime Minister's address at the NXT Summit on March 12, 2026. The address discusses India's journey towards becoming a developed nation, its progress in various sectors amidst global challenges, and the importance of self-reliance and collective effort. Key themes include economic growth, infrastructure development, energy independence, and national security.
**Key Points / Main Content**
* **India's Vision and Progress:**
* India is on a journey to become a "Developed India" (Viksit Bharat).
* The country is progressing rapidly despite global challenges like wars and supply chain disruptions.
* India is seen as a key player in solving global issues and determining the world's future direction.
* There is a significant increase in the aspirations and self-confidence of Indians, reflected in their curiosity about the economy.
* **Infrastructure and Digital Transformation:**
* India is investing in Next Generation physical and digital infrastructure.
* UPI has advanced digital payments to a new phase, making India the fastest in real-time digital payments globally.
* **Reforms and Policy Implementation:**
* India is undertaking "Next Generation reforms," including difficult decisions previously considered impossible.
* Key reforms highlighted include the removal of Article 370, expansion of Jan Dhan accounts, ending Triple Talaq, and legislation for 33% reservation for women in legislatures.
* India is making strides in space and advanced technology with initiatives like the Moon Mission, Semiconductor Mission, and Quantum Mission.
* **Handling Global Crises and Self-Reliance:**
* The address acknowledges the impact of global crises like the COVID-19 pandemic and the Russia-Ukraine war.
* Emphasis is placed on handling crises with peace, patience, public trust, and awareness.
* Collective effort from political parties, media, social institutions, industry, youth, and citizens is crucial.
* **Energy Sector Development:**
* Significant efforts have been made to promote various energy sources and achieve self-reliance.
* LPG connections have more than doubled since 2014.
* Bottling capacity, LNG terminals, and gas pipeline infrastructure have been expanded.
* Access to piped natural gas (PNG) and the number of CNG vehicles have increased substantially.
* Ethanol blending in petrol has reached near 20%, reducing crude oil imports and saving significant foreign exchange.
* Railways have achieved near 100% electrification, saving diesel.
* Renewable energy capacity has grown exponentially, with solar power capacity increasing significantly.
* The PM Surya Ghar Muft Bijli Yojana is promoting rooftop solar installations.
* The GOBARdhan scheme is advancing Compressed Biogas production.
* Strategic petroleum reserves have been established, and refining capacity has increased, positioning India as a major refining hub.
* **Government's Commitment and National Interest:**
* The government is committed to dealing with crises and ensuring the burden of global circumstances does not fall on citizens.
* Subsidies on fertilizers are being maintained for farmers despite international price surges.
* A request has been made to state governments to monitor the situation, prevent black-marketing, and control rumors.
* Sensitive governance and self-reliance have been priorities over the past decade.
* Development initiatives have been targeted to connect previously neglected areas.
* Significant progress has been made in combating Maoist terror, leading to improved security and development in affected regions.
* The government assures that public interest will remain paramount in all decisions.
**Impact Analysis**
* **Citizens of India**
* **Impact:** Benefiting from infrastructure development, economic progress, energy security, and government initiatives aimed at improving their living standards and reducing the impact of global crises. Increased self-confidence and aspirations.
* **Action Required:** Participate collectively in addressing national challenges and fulfilling duties. Remain aware and vigilant against rumors and black-marketing.
* **State Governments**
* **Impact:** Required to play an active role in managing the current situation, particularly concerning black-marketing and the spread of rumors.
* **Action Required:** Implement serious monitoring of the situation and take strict action against those engaged in black marketing.
* **Farmers**
* **Impact:** Protected from international price hikes in essential commodities like fertilizers.
* **Action Required:** Continue to contribute to national progress and self-reliance.
* **Global Leaders and Economic Participants**
* **Impact:** Recognizing India's growing importance as a partner in solving global issues and a key center of economic gravity.
* **Action Required:** Engage with India and be associated with its future growth and development.
* **Industry and Social Institutions**
* **Impact:** Expected to contribute to the nation's progress and crisis management efforts.
* **Action Required:** Play a role in moving the nation forward and competing with challenges.
* **Youth**
* **Impact:** Being motivated by the nation's progress and aspirations to contribute to its development.
* **Action Required:** Engage in the journey of India's progress and contribute to its self-reliance.
Key Entities Referenced
Developed India (Viksit Bharat): The primary goal and destination for India's future development.
Article 370: A historical legislative change mentioned as previously impossible but now achieved.
Triple Talaq: A social injustice mentioned as previously impossible to end but now addressed.
PM Surya Ghar Muft Bijli Yojana: A scheme implemented to increase electricity use for domestic purposes through rooftop solar.
GOBARdhan scheme: A scheme focused on making Compressed Biogas.
Prime Minister's Office
English rendering of PM’s address during NXT
Summit
Posted On: 12 MAR 2026 9:57PM by PIB Delhi
Today, March 12, is a very historic day. On March 12, 1930, Mahatma Gandhi started the Dandi Yatra
from Sabarmati Ashram. This was a turning point in India's independence movement because this journey
connected every corner of the country with a single goal: India's independence. Today, around 100 years
after this historic journey, we Indians have set out on another journey. This journey is the journey of
Developed India (Viksit Bharat). Our goal is one, our destination is one - Developed India. And in the
attainment of this goal, the churning that happens in such summits and the nectar derived from them play a
big role. I am grateful to all of you for inviting me to the Next Summit. Many colleagues from the country
and the world have come here; some are old acquaintances as well. I greet you all.
Friends,
This period of the 21st century is like "na bhuto na bhavishyati" (neither happened before, nor will happen
in the future). On one side is the horror of war, supply chains are being destroyed again, and questions are
being raised on the relevance of global institutions like the United Nations. In such a period, our India is
moving forward, even in these adverse circumstances. Today, at an important stage in history, the country
whose name is discussed most is India. Amidst so many crises at present, every serious leader and every
knowledgeable person in the world has great expectations regarding India. Just recently, the President of
Finland, Alexander Stubb, came to India. He said that the Global South will now decide the direction of
the world, and the most powerful country to determine that direction will be India. Before this, Canada's
PM Carney also said that over the next three decades, the centre toward which the world's Economic
Gravity is shifting is India. French President Macron also believes that India has become an inevitable
partner in solving the world's biggest issues. Today, if we extract the essence of the statements from global
leaders in the tech and economic worlds, only one sentiment emerges. If you want to be a part of the
future, you have to be associated with India; you have to be in India.
Friends,
Just now India has won the T20 World Cup. Everyone is happy, and in India, the matter of cricket is such
that if talk of crores is going on in some office, some great presentation is going on, guests from abroad
are giving a presentation, even then, he moves his eyes away from the slide for a moment to see what the
score is. And someone or the other definitely asks—brother, what happened to the score? The same
situation holds for the Indian economy today. Today, everyone wants a running commentary of the
economy. What was the status of India's economy last month? What is the condition today? Countrymen
remain curious to know all this. I do not remember whether such curiosity was in the country before. And
if it was, when was it? This shows the level of Indians' aspirations and self-confidence today. This is also
the biggest reason for the world's trust in India.And friends,
Certainly, when so many expectations are attached, when the eyes of the world are on our country, then
the responsibility of all of us increases even more.
Friends,
Today's India is not just moving forward. India is taking itself to the Next Level. Today, Next Generation
physical infrastructure is being built in the country; we are moving toward Next Generation digital
infrastructure. UPI has taken Digital Payments to the Next Phase. Today, India has become the country
with the fastest real-time digital payments in the world.
Friends,
India today is also doing Next Generation reforms; it is riding on the Reform Express. At one time in
India, many tasks and many decisions were considered Next to Impossible; today, India is taking those
decisions too. It was once said that removing Article 370 was impossible. But today, the wall of Article
370 has fallen in Jammu and Kashmir. Once it seemed that everyone's connection to the banking system is
impossible. But today, more than 50 crore Jan Dhan accounts have made this possible. Once, it seemed
that ending Triple Talaq is impossible. But today, Muslim sisters have received freedom from this
injustice. Once, 33 per cent reservation for women in the Lok Sabha and Legislative Assemblies also
seemed impossible. But today a law has been made for this. Once, India's limits were highlighted in space
and advanced technology. But today Moon Mission, Semiconductor Mission, Quantum Mission—all these
are leading India toward the Next Frontier of Technology.
Friends,
Today's India is not only dreaming dreams. India is making them true. That is why today the world is
saying that India is not just progressing. India is moving to the Next.
Friends,
A very important basis for a country's development is how we handle challenges. We all know that global
circumstances change suddenly. In past years, we first saw the disaster of Corona, then saw the Russia-
Ukraine crisis, and now another big war is going on very close to us. This war has pushed the entire world
into a very big energy crisis.
Friends,
In such dire circumstances, it is very important how we as a nation compete with this. A time of crisis is,
in a way, a test of the entire nation. We have to deal with the circumstances with peace and patience. By
increasing public trust and making people aware, we have to move forward. And everyone has a role in
this. Every political party, media, social institutions, industry, youth, village, city—everyone's role is
important. And we have seen in the Corona period that when everyone moves together, the country's
potential to compete with the crisis increases many times. Today, there is another challenge before the
country, and therefore, we will have to make efforts together, keeping the national interest paramount and
fulfilling our duties.Friends,
Nowadays, there is much discussion regarding LPG. Some people are trying to create panic to push their
own agenda. I do not want to make political comments about them at this time. But I will certainly say
that by doing so, they are getting exposed before the public themselves and are also doing great damage to
the country.
Friends,
Today, no country is untouched by the impact of this global crisis stemming from the war. To a greater or
lesser extent, everyone is a victim. The Government of India, too, is leaving no stone unturned to deal with
this crisis. And we are making efforts at different levels. In recent days, I have had conversations with the
top leaders of many countries about this. Efforts are also ongoing to overcome the obstacles that have
arisen in the supply chain.
Friends,
To support India's rapid development, it has been necessary to continuously promote different energy
sources. And to strengthen this, we have worked on two levels simultaneously. First, that energy access
increases in the country, we prepared the infrastructure.
And second so that we do not have to depend only on foreign countries for Energy, we emphasized self-
reliance in the Energy sector. Now I give you some figures of the Gas sector itself. As of 2014, there were
only 14 crore LPG connections in the country. That is, only about half of the families in the country had
LPG connections. Today, there are more than double that number, i.e., about 33 crore domestic LPG
connections. In the past 11 years, we have doubled our bottling capacity. Distribution centres have also
increased from 13,000 to more than 25,000. In 2014, there were only 4 LNG Terminals in the country;
today, their number has also doubled. The gas pipeline, which used to be about 3,500 kilometres long, has
been expanded to 10,000 kilometres. Because about 60 per cent of LPG comes from abroad, import
terminal capacity has also been significantly expanded at the country's large ports.
Friends,
Before 2014, only 25-26 lakh houses in the country had access to cheap gas through pipes, i.e., PNG.
Today, this number has also reached more than 1.25 crore. In 2014, vehicles running on CNG in the
country were also not more than 10 lakhs. Today, this number is more than 70 lakhs. And this is becoming
possible only because City Gas Distribution networks have been established in more than 600 districts of
the country in the last decade.
Friends,
This global crisis has once again shown why it is so necessary for any country to be self-reliant. That is
why in past years, we have worked in a holistic way to make India self-reliant in energy sectors.
Friends,
To reduce dependence on petroleum, we emphasised ethanol and biofuels. Before 2014, the country had
only one-to-one-and-a-half per cent ethanol blending capacity. Today, we are reaching near-20 per cent
ethanol blending in petrol. If this work had not been done, we would have had to buy about 18 crorebarrels of additional oil from abroad in the past 11 years. Looking at the situation today, due to ethanol, we
have to import about 4.5 crore barrels less oil per year. That is, the country has saved about 1.5 lakh crore
rupees from this alone.
Friends,
A very big consumer of petroleum in India is also our Railways. The electrification of railway lines in our
country began 60 years ago. Despite this, until 2014, only 20 percent of railway routes could be
electrified. On the remaining railway routes, thousands of diesel engines used to run. Today, nearly 100
percent electrification of the broad-gauge network in India has been completed. Due to this, in the year
2024-25 alone, Indian Railways has saved about 180 crore liters of diesel. If electrification had not
happened, extra crude oil would have had to be imported every year to produce this much diesel.
Similarly, we increased the metro network and focused on electric mobility.
Similarly, we have done another very big job regarding renewable energy. Today, half of our total installed
power generation capacity comes from renewable sources. Our total renewable capacity today has crossed
the historic figure of 250 gigawatts. Just think: in 2014, India's solar power capacity was only 2 gigawatts;
today it has increased about 40 times to 130 gigawatts. To increase the use of electricity over gas for
domestic use, the PM Surya Ghar Muft Bijli Yojana was implemented. So far, about 30 lakh families have
installed rooftop solar under this scheme.
Friends,
Apart from this, we also worked on the GOBARdhan scheme. Under this, work was done on making
Compressed Biogas. So far, more than 100 plants have started in the country and work is going on more
than 600.
Friends,
In the field of petrol-diesel, we have also made extensive efforts in the direction of capacity building.
Before 2014, India had almost no strategic petroleum reserve—that is, the capacity to store crude oil for
times of crisis. Today, we have a strategic petroleum reserve of more than 50 lakh tonnes. And work is
going on for even more capacity. In the past decade, we have also increased our refining capacity by more
than 40 million tonnes annually. Only then has India become one of the world's largest refining hubs
today. That is, you can guess on what a large scale and in what great directions we are working to make
India self-reliant. We will certainly be able to compete with this crisis arising from the war. I have full
faith in the 140 crore countrymen. Just as we brought the country out of the Corona crisis by being
organised together, in the same way, we will overcome this global crisis too. And I will repeat again, as far
as the government is concerned, we will not let any deficiency remain in any kind of effort or attempt. In
every decision, the public interest will remain paramount.
Friends,
From the Ukraine war until today, we have seen how its impact continues to fall from the global market to
the citizens of the world. But it has always been the every possible effort of the Government of India that
the burden of the circumstances created by the war does not fall on the citizens of India. For example,
when the Russia-Ukraine crisis escalated, fertiliser prices skyrocketed. Despite this, the bag of urea which
was available for 3000 rupees in the international market, we gave to our farmers for only 300 rupees.3000 rupees was going on in the world, in our place it was being given for 300; this time too, our every
possible effort will be that the war has the minimum impact on the lives of the country's farmers and the
country's citizens.
Friends,
At this important time today from this stage today, there is also a request to the state governments. It is
necessary that black-marketing not occur and that rumours not spread; therefore, serious monitoring of the
situation is required. Strict action is also necessary against those who are doing black marketing.
Friends,
The past decade has been one of sensitive governance along with self-reliance. A large part of our country,
the people living there, remained far from the thinking of the Congress governments sitting in Delhi. But
our government connected the people left behind in the race of development to the priorities of
governance. Today, for the construction of such infrastructure as housing, roads, schools-hospitals in these
areas, special campaigns like Aspirational District scheme, Aspirational Block scheme, and PM JANMAN
scheme are being run.
Friends,
A very big sin of the Congress governments was also that they left a large part of the country to burn in the
fire of Maoist terror. A very large part of almost every big state of the country was in the grip of Maoist
terror. But friends, n the past years, the country took a resolution to change this situation. We moved
forward with high morale. And the country is seeing its result today. In the year 2013, more than 180
districts—more than 180 districts—were affected by Maoist terror. Today, the number of districts affected
by Maoist terror has reached single digits.
Friends,
In the past year alone, more than 2100 Naxals have surrendered, more than 900 arrests have been made,
and those who were not ready to give up weapons, security forces have killed more than 300 such
hardcore Naxals. The result is that in the areas that were once forced to live under the shadow of fear, a
new energy of development is flowing today.
Friends,
The speed at which India is moving forward today makes it is impossible to stop the speed of its progress.
The aspiration of 140 crore Indians is at the next level today. I know that when one dream is fulfilled, new
dreams, new aspirations take birth. I do not consider this a burden, but rather consider it the capital of the
people's trust. Yes... I have some such well-wishers in the country who think that under the burden of
expectations, Modi will someday be crushed, will someday be suppressed; but their intention is so foul
that their expectations are never fulfilled, and as long as the blessings of the countrymen are there, they
will not be fulfilled either. Now only the hopes and aspirations of 140 crore Indians will be fulfilled. India
will become self-reliant in every sector; India will become developed in every condition.
With this sentiment, I conclude my speech.
A huge thanks to all of you again.
Thank you!****
MJPS/ VJ
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