Prime Minister Narendra Modi has said his government will continue its ‘reform-to-transform’. “We have never tried to gain in trade at the expense of our partners. We do not follow ‘beggar thy neighbour’ macroeconomic policies,” Modi told a conference organised by the International Monetary Fund on Saturday.

Also Read : Full text of Modi’s speech

“We have never undervalued our exchange rate. We add to world and Asian demand by running current account deficits. We are therefore good Asian and good global economic citizens, and a source of demand to our trading partners,” he said at the ‘Advancing Asia’ conference.

By Premji