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'Economic Selfishness on the Rise': PM Modi's Swipe at US in I-Day Address

© AP Photo / Alex BrandonIndia's Prime Minister Narendra Modi points to President Donald Trump during a news conference in the East Room of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon)
India's Prime Minister Narendra Modi points to President Donald Trump during a news conference in the East Room of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon) - Sputnik India, 1920, 15.08.2025
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America has imposed bone-chilling sanctions on India for energy trade with Russia, which amounts to over 35% of its crude requirements. The sanctions come into effect on August 28th.
Prime Minister Narendra Modi on Friday took a swipe at the US administration amid ongoing tensions between Washington and New Delhi. The strain follows the US imposing a 50% tariff on India's exports in response to its close trade ties with Russia — a relationship the White House claims is helping fund Russia's war efforts in Ukraine.

"This is the time to script history. We have to rule the world market. We have to lower production costs. It is time to prove our mettle in global markets with quality products," the Indian Prime Minister said in his address to the nation on the occasion of the country's 79th Independence Day in New Delhi. "Economic selfishness is on the rise. Don't worry about the other county. It is time to move ahead and meet our goals."

PM Modi's remarks come amid an escalating row with the United States, especially over two key issues: India's relations with its long-time strategic partner, Russia, and opening up its agricultural and dairy sector for American firms.
However, the Indian leader has vowed to defend the interests of India's farmers at any cost. He emphasised that he's even willing to pay a personal price to safeguard their rights.

"Modi is standing like a wall against any harmful policy related to the farmers, fishermen and cattle rearers of India. India will never accept any compromise regarding its farmers, its livestock rearers, its fishermen," he stressed.

Церемония совместного фотографирования глав делегаций стран БРИКС в рамках XVI саммита БРИКС в Казани - Sputnik India, 1920, 14.08.2025
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