Prime Minister Narendra Modi on Saturday recalled a time when India was counted among the world’s “Fragile Five” economies, with weak GDP growth, high inflation and a record current account deficit, as he contrasted the country’s economic position then with its trajectory since.
Speaking at the centenary celebrations of Shri Ram College of Commerce (SRCC), Modi said the economic conditions in 2013 were marked by widespread concerns over growth, inflation and policy paralysis.
