PM Narendra Modi said India has transformed from a 'Fragile Five' economy to the world's fastest-growing major economy in 12 years, crediting 140 crore citizens. He spoke on the 80th Independence Day, aiming for developed nation status by 2047. The term, coined by Morgan Stanley in 2013, once grouped India with Brazil, Indonesia, South Africa, and Turkey.
Modi: India sheds 'Fragile Five' tag, now fastest-growing major economy
Source: WION