Finance Minister Nirmala Sitharaman is set to table the Economic Survey in Parliament on January 29, ahead of the Union Budget presentation on February 1.
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Moneycontrol29-01-2026, 11:28

PM Modi Hails India-EU Trade Deal: 'Mother of All Deals' Opens Big Market

  • PM Modi addressed the nation ahead of the Economic Survey, highlighting the India-EU Free Trade Agreement (FTA).
  • He called the FTA the "mother of all deals," emphasizing its potential to open a large market and benefit Indian youth and manufacturers.
  • The Prime Minister stated that India is on a "reform express" and moving towards long-term solutions for pending problems.
  • The FTA aims to create a market of two billion people, covering nearly a fourth of global GDP.
  • The deal slashes tariffs on 97% of EU exports to India and provides preferential access for 97% of Indian goods in EU markets.

Why It Matters: PM Modi lauded the India-EU FTA as a transformative deal, promising economic growth and market expansion.

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