India's Prime Minister announces ambitions to make the country a developed nation

India's Prime Minister announces ambitions to make the country a developed nation

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India's Prime Minister Narendra Modi has announced his ambitions to have the country meet the criteria of a developed nation within the next 25 years. 'We have to make India a developed nation in our lifetime,' Mr Modi said. In order to be considered developed, India will need to boost its GDP and per capita income to meet those of high-grossing nations. India is currently the sixth largest economy in the world and is expected to become third by 2050.

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