The PM tells the Rajya Sabha that the world is opening up for India and that our PSUs are going global.
News Mania Desk /Piyal Chatterjee/ 5th February 2026

According to Prime Minister Narendra Modi, his administration has brought the “mountain” of bank non-performing assets (NPAs) down to less than 1%. Speaking in the Rajya Sabha, the Prime Minister compared the opposition’s story to that of “urban Naxals” and claimed that they have previously deceived the public on public sector undertakings (PSUs). He claimed that PSUs, which were previously depicted as losing businesses, are now reporting record profits, indicating a significant change under the current legislative framework. stated, citing agreements with the US and the EU, that major world powers are eager to improve commercial relations with India.
Speaking in the Rajya Sabha, he claimed that while the agreement with the US further strengthened the perception of speed and momentum, the EU trade accord increased global confidence in stability. The global acclaim for these agreements, according to the prime minister, is a sign that the global economy is doing well. Prime Minister Narendra Modi stated in the Rajya Sabha that people who engage in vote-bank politics never improve important facets of government. He made fun of the Congress party by claiming that it lacked a clear vision and that the nation had to suffer for years as a result.
Speaking to the Rajya Sabha, Prime Minister Narendra Modi stated that a large portion of the government’s efforts are focused on making amends for past transgressions and repairing the bad reputation that previous governments have built around the world. He added that the nation is currently being governed on the basis of clear policy and long-term strategy, and that the focus on future-ready policies is intended to rectify this harm. According to him, the second quarter of the twenty-first century will be critical to India’s development. Speaking in the Rajya Sabha, he claimed that the upcoming years offer a significant chance to boost the nation’s general development and quicken growth.
Citing agreements with the United States and the European Union, he added that major world countries are eager to improve commercial relations with India. Speaking in the Rajya Sabha, he claimed that while the agreement with the US further strengthened the perception of speed and momentum, the EU trade accord increased global confidence in stability. The global acclaim for these agreements, according to the prime minister, is a sign that the global economy is doing well. According to him, the “mountain” of non-performing assets (NPAs) in banks has been lowered by his government to less than 1%.



