India to be a $5 tn economy soon: PM
Deccan ChronicleNew Delhi: At the Brics business forum leaders' dialogue late on Tuesday evening in the South African city of Johannesburg, Prime Minister Narendra Modi hailed India as the fastest-growing major economy in the world and invited more global investment. A day ahead of the 15th Brics summit, the Prime Minister, in the presence of South African President Cyril Ramaphosa and Brazilian President Luiz Inacio Lula da Silva, among others, said, "Soon we will be a $5 trillion economy. At the Brics business forum leaders' dialogue, the Prime Minister told the audience that various economic reforms are being carried out by his government in mission mode and that global challenges have been converted into opportunities, due to which the ease of doing business in India has improved and red tape has been replaced with a red carpet for investors. In a formal statement, New Delhi said, "The Prime Minister invited the Brics business leaders to participate in India’s developmental journey.