(MENAFN- Kashmir Observer)
PM Modi addresses the nation from the ramparts of the Red Fort | PTI photo
New Delhi- Prime Minister Narendra Modi on Monday set an ambitious target of making India a developed nation by 2047 and made a renewed pitch for cutting import dependence and boosting domestic manufacturing.
Addressing the nation from the ramparts of the Red Fort on the 76th Independence Day, Modi coined ‘Panch Pran’ or lifeblood resolves for the nation when it celebrates its 100th year of independence in 2047.
The first of them is to make India a developed nation.
“For the next 25 years, we need to focus on the ‘Panch Pran’. The first is making India a developed country,” he said.
India, which is the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation.
A developed country is…
