Indian economy transformed from ‘fragile five’ to ‘top five’: White Paper ...Middle East

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Indian economy transformed from ‘fragile five’ to ‘top five’: White Paper
New Delhi:  Comparing the performance of the 10-year rule of the Narendra Modi government with that of the erstwhile UPA regime, the White Paper on Indian Economy tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman highlights the fact that in 2014, India was among the ‘fragile five’ economies, but now figures among the ‘top five’ economies, making the third highest contribution to global growth every year. “When the NDA government took over the reins in 2014, the economy was in a crisis. We faced the hydra-headed challenge of fixing an economy that was mismanaged for a decade, and restoring its fundamentals to sound health,” the White Paper said. It goes on to present a ‘Then and

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