Now Reading: Modi says India moved from Fragile Five to fastest-growing economy
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Modi says India moved from Fragile Five to fastest-growing economy
Prime Minister Narendra Modi said in his Independence Day address that India, once part of Morgan Stanley’s 2013 “Fragile Five”, has become the world’s fastest-growing major economy in 12 years. He linked…
The Story in Brief
Prime Minister Narendra Modi said in his Independence Day address that India, once part of Morgan Stanley’s 2013 “Fragile Five”, has become the world’s fastest-growing major economy in 12 years. He linked the change to the efforts of 140 crore citizens and said it showed that the goal of a developed India by 2047 was achievable.
The grouping included India, Brazil, Indonesia, South Africa and Turkey, then seen as vulnerable to capital outflows and external financing pressure. India Today reports that India’s economy grew 7.6% in FY2025-26, citing the World Bank. Outlets differ on India’s current ranking: India Today calls it the fifth-largest economy, while another report says it surpassed Japan to become fourth.
The Indian Opinion
The “Fragile Five” label is being used as a neat political dividing line, but it was a market assessment from 2013, not a permanent verdict on India. Equally, claims of an unstoppable transformation should be tested against jobs, household incomes and the quality of growth, not production counts alone. The useful question is whether India can sustain growth above 7% while broadening opportunity.
Sources (5): indiatvnews.com, indiatoday.in, indiatoday.in (2), odishatv.in, odishatv.in (2)
This story was synthesised by AI from the 5 sources linked above.
Updated: this story now draws on 5 sources.
