Prime Minister Narendra Modi, during his address on Independence Day on Tuesday, gave a "guarantee" and said that India will be among the top three economies in the world in the next five years. The prime minister further stated that many measures have been taken to control inflation in the country and the efforts in the direction will continue. "We have taken many measures to control inflation in the country and our effort in this direction will continue," PM Modi said.
During his speech, PM Modi also highlighted that India was in the 10th position in the global economic system, and today it has reached the fifth position with the efforts of 140 Crore Indians. "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," PM Modi said.
PM Modi also mentioned the G20 Summit that is slated to take place next month in India and said that the manner in which several events of the G20 were held in every corner of India has made the world aware of the capabilities of India's common people.
"...It is certain that India's capability and possibilities are going to cross new heights of trust. These new heights of trust will go ahead with the new capabilities. Today, India has received the opportunity to host G20 Summit. In the past year, the manner in which several events of the G20 were held in every corner of India has made the world aware of the capability of India's common people, India's diversity," PM Modi said.
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