PM Modi: India was the world’s 10th largest economy in 2014, but now it stands at fifth spot, thanks to anti-corruption efforts and strong economy. India will continue to rise and become one of the top three economies in the world in the next five years.
Prime Minister Narendra Modi while addressing the nation on the 77th Independence Day of India from Red Fort, noted that India was the world’s 10th largest economy in 2014, but now it stands at fifth spot.
“When we came to power in 2014, we were at the 10th position in the global economic system. Today, with the efforts of 140 Crore Indians, we have reached the fifth position, This did not happen just like that. The demon of corruption that had the country in its clutches – we stopped leakages and created a strong economy,” the Prime Minister said in his 10th consecutive Independence Day speech today.
He said, “’Nation First’ bedrock of our policies; people formed such govt in 2014 and 2019 that gave me strength to pull off reforms. In 2014, people decided that to take the country forward, a stable and strong government is needed; India was freed from the era of instability.”
The Prime Minister asserted that India will not stop now as all rating agencies are lauding the country. “As new world order emerged after World War, I can see a new world order taking shape after COVID-19.”