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Business
Modi rejects 'Fragile Five' label, defends India's GDP growth
✍️ TOI India
🗓 06 Sep 2026, 09:37 AM
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Prime Minister Narendra Modi said that those placing India among the 'Fragile Five' are doubting the country's GDP performance.
Prime Minister Narendra Modi responded to recent analyses that listed India among the so‑called Fragile Five, a group of emerging economies deemed vulnerable to external shocks.
He asserted that such a classification overlooks India's strong macro‑economic fundamentals and the continued expansion of its gross domestic product, which has grown despite global uncertainties.
Modi emphasized that the government's policy framework—anchored in fiscal prudence and structural reforms—supports resilient growth, urging critics to base their assessments on the latest data rather than outdated perceptions.
The remark comes as international agencies periodically review country risk profiles, but the prime minister reiterated confidence in India's economic trajectory.
He asserted that such a classification overlooks India's strong macro‑economic fundamentals and the continued expansion of its gross domestic product, which has grown despite global uncertainties.
Modi emphasized that the government's policy framework—anchored in fiscal prudence and structural reforms—supports resilient growth, urging critics to base their assessments on the latest data rather than outdated perceptions.
The remark comes as international agencies periodically review country risk profiles, but the prime minister reiterated confidence in India's economic trajectory.