{
  "type": "article",
  "title": "PM Narendra Modi at Bloomberg New Economy Forum Highlights Global Control Over Energy, Minerals and Tech",
  "summary": "Prime Minister Narendra Modi stated at the Bloomberg New Economy Forum that global supply chains, energy, and technology are increasingly being used as tools of pressure and dominance. He highlighted India's digital payment revolution, startup growth, and inclusive governance model.",
  "content": "Prime Minister Narendra Modi addressed the Bloomberg New Economy Forum, raising critical questions about the ongoing global race for power and the weaponization of essential resources. He emphasized that the current century has brought unprecedented global challenges, ranging from pandemics to international conflicts and persistent disruptions in trade, critical minerals, and energy supplies. He pointed out that systems which once united the world are now being converted into instruments of pressure and dominance, turning globalization routes into operational choke points.\n\n \n\nThe Weaponization of Supply Chains and Technology\n Elaborating on the shifting global dynamics, the Prime Minister noted that whenever the world finds a way out of one crisis, a fresh challenge emerges. Supply chains, energy grids, mineral reserves, payment systems, and advanced technologies are increasingly controlled to exert leverage. Amidst these geopolitical tensions, artificial intelligence is reshaping every sector, while several nations grapple with aging populations. Consequently, the foremost question confronting the global community today is one of trust, ensuring that supplies remain uninterrupted during times of need and that international partners stand by their commitments.\n\n \n\nA Unified Digital Payment Ecosystem\n Inviting international guests to experience India's digital payment infrastructure, the Prime Minister pointed to the remarkable inclusivity of the system. He observed that while a roadside vendor and a luxury car showroom operate on vastly different scales, both successfully utilize the exact same digital payment platform. This seamless integration demonstrates the true power of inclusive technology in bridging economic gaps and empowering everyday citizens.\n\n \n\nExplosion of Startups and Democratic Expression\n Highlighting the country's entrepreneurial boom, the Prime Minister stated that the number of startups in India has surged from just a few hundred prior to 2014 to over 250,000 today. Nearly half of these emerging enterprises originate from smaller towns and tier-two cities, while about 45 percent boast a female director or partner, ensuring broader participation in innovation. Describing the nation as the mother of democracy, he noted the coexistence of over 100 languages, roughly 80,000 registered newspapers and publications, and more than 1,000 satellite television channels. With over 500 million YouTube users and over 500 million Instagram users, public discourse and open debates thrive across various digital and traditional channels.\n\n \n\nRedefining Power in the 21st Century\n Discussing the philosophy of governance, the Prime Minister remarked that the ethos of empowering others stems from thousands of years of tradition rather than mere preaching. Noting that the theme of the Bloomberg New Economy Forum centers on emerging global powers, he stressed that while the sources of power evolve with time, data, knowledge, and innovation define power in the twenty-first century. The fundamental question is not who holds power, but how it is utilized to create opportunities for millions rather than a select few. He concluded by congratulating Michael Bloomberg and his entire team for selecting India as the venue for this landmark forum at such an opportune moment.\n\nWhat this means for you\nThis high-level global forum and India's economic positioning carry direct implications for the domestic business environment and technological integration.\n\n• Across India: The rapid expansion of digital payments and the startup ecosystem continues to generate fresh employment opportunities and funding access for entrepreneurs in smaller towns and women.\n\n• For Everyday Citizens: Amid global supply chain uncertainties, a resilient domestic digital infrastructure ensures that daily financial transactions and digital public services remain smooth and accessible.\n\nWhy this happened\nSuch statements on global platforms are driven by escalating geopolitical tensions and heightened competition for control over critical resources in the current international order.\n\n• Supply Chain Disruptions: Recent global crises, including pandemics and international conflicts, have repeatedly fractured traditional trade routes for energy, technology, and critical minerals.\n\n• Crisis of Trust: Growing uncertainty regarding international commitments and timely resource delivery has compelled global leaders to openly address vulnerabilities in trade partnerships.\n\nQuestions & Answers\n\n1. Where did Prime Minister Narendra Modi deliver this speech?\nPrime Minister Narendra Modi delivered this address at the Bloomberg New Economy Forum.\n\n2. What key global issues were highlighted during the forum?\nThe forum focused on issues related to growing control and pressure over energy, critical minerals, technology, and global supply chains.\n\n3. What is the current number of startups in India?\nThe number of startups in India has grown to over 250,000.\n\n4. What percentage of startups have a female director or partner?\nApproximately 45 percent of startups have a female director or partner.\n\n5. How many social media users are there in India?\nIndia has over 500 million YouTube users and over 500 million Instagram users.",
  "url": "https://trendkia.com/en/business/pm-narendra-modi-at-bloomberg-new-economy-forum-highlights-global-control-over-energy-minerals-and-tech-47268",
  "category": "Business",
  "publishedAt": "2026-10-13",
  "tags": [
    "Narendra Modi",
    "Bloomberg Forum",
    "Digital Payments",
    "Startups",
    "Global Economy"
  ],
  "language": "en",
  "site": "TrendKia"
}