New Delhi: Prime Minister Narendra Modi has said that technology, data, knowledge and innovation are the biggest powers in today’s era, but their real importance will be determined by how they are being used. If the benefits of technology remain limited to only a few people then its purpose is incomplete. Instead, technology and knowledge should be used to create new opportunities for millions of people and enhance their capabilities. While addressing the Bloomberg New Economy Forum on Tuesday, the prime minister put forward the idea of empowering others through power.
Should power be used to empower others?
The Prime Minister said the world should now use power to empower people and enhance cooperation rather than controlling others or getting ahead in competition. He said that we will have to move beyond just thinking of being successful and work towards making others successful. According to him, the real purpose of technology will be fulfilled only when its benefits reach a wide section of the society and people get the opportunity to utilise their potential better.
How strong is India’s economy amid global uncertainty?
Referring to India’s economic growth, the prime minister said that despite global challenges, the country’s economy is moving forward on a strong basis. According to his address, India’s GDP growth rate in the first quarter of the financial year 2026-27 stood at 7.8 per cent. He stressed the need to increase investment, innovation and employment opportunities along with economic progress.
VIDEO | Delhi: Addressing the Bloomberg New Economy Forum, Prime Minister Narendra Modi says, “Today, technology is power, data is power, knowledge is power, and innovation is power. But, the real question is not who has the power, but how it is being used. Will technology advance only a few people or create new opportunities for millions? Will knowledge remain the strength of a select few or enhance everyone’s capabilities? This is where a new idea is born: power to empower. Moving beyond power to control, we need power to enable. Moving beyond power to compete, we need power to collaborate. And moving beyond power to succeed, we need power to help others succeed.” (Source: PM Modi’s YT) (Full video available on PTI Videos – https://t.co/bIyFWTfmBd)
— Press Trust of India (@PTI_News) October 13, 2026
How is clean energy opening up new economic opportunities?
Referring to India’s achievements in the field of green energy, Modi said that the country’s renewable energy capacity has increased from about 75 GW in 2014 to about 300 GW. In this way the capacity has increased almost four times in about 12 years. He said that the expansion of clean energy is increasing economic opportunities along with environmental protection. Investment in this sector has the potential to create new businesses and employment and strengthen energy security.
What is the role of digital media in India’s democratic system?
Describing India as the mother of democracy, the prime minister mentioned the linguistic and media diversity of the country. He said that India has more than 100 languages, about 80 thousand registered newspapers and publications and more than a thousand satellite TV channels. Referring to the expansion of social media, he said that YouTube and Instagram have more than 50 crore users in the country. According to him, digital mediums have played an important role in exchanging ideas and broadening public discussion on various issues.
Why is India’s role important in the global economy?
The Bloomberg New Economy Forum is being organised in New Delhi from 13 to 15 October. There is a plan to gather political leaders, businessmen, investors and experts from different countries of the world on this platform. The objective of the Forum is to discuss challenges related to the global economy, technological change, energy transition and international cooperation. The prime minister’s message focused on linking development with widespread public participation.
