India has ignited new hope in world, seen as bright star: PM Modi

PM Modi said the World Bank and all the rating agencies say that the economic development in India has generated a "ray of hope" and some say India is a "bright star".  

Riyadh: India has strengthened its economy despite the adverse global conditions and has ignited a "new hope" in the world, with some describing it as a "bright star", Prime Minister Narendra Modi said here today.

He said India has a lot to give to the world, particularly in terms of talented workforce with modern skills, and his government is working in this direction with the mantra of 'sabka sath, sabka vikas' (with all, development for all).

Addressing a gathering of Indian community here on the first day of his two-day visit, Modi said India was earlier "one of the countries" in the world but now it has become "very important country".

"Despite adverse conditions globally, India has strengthened its economy.... Today, India is progressing economically and the world is looking at us...The country of over a crore people can do a lot," he said.

The Prime Minister said that India has ignited "new hope" and "new excitement" because of its democratic values and the government's mantra of 'sabka sath, sabka vikas'.

He said the World Bank and all the rating agencies say that the economic development in India has generated a "ray of hope" and some say India is a "bright star".

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