Fragile 5 no more, eyes on 100 GW nuclear energy target: Key numbers by PM Modi from Red Fort
PM Modi said people's efforts over the past 12 years had helped India move from the “fragile five” to a major economy.
On the occasion of India's 80th Independence Day, Prime Minister Narendra Modi addressed the nation from the Red Fort. He acknowledged that the world had categorized India among the "fragile five" economies, but emphasized that efforts over the past 12 years had transformed the country from a "fragile five" economy to a major economic power. The term "fragile five" referred to economies that were heavily reliant on risky foreign investment.
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