India has become a sound and stable economy under the leadership of Prime Minister Narendra Modi, Bharatiya Janata Party (BJP) national president JP Nadda said on Thursday adding that the country has also defeated the United States to become the fifth largest economy of the world. "After the Coronavirus pandemic and Ukraine-Russia war, we have witnessed various strong and powerful nations turning weaker. One can witness how inflation and unemployment in China have increased, America is more indebted with no betterment in its economical condition and even Europe is in crisis, but under PM Modi’s leadership, India has defeated Britain to become the fifth economy of the world with a sound and stable economy," JP Nadda said in his address at Vinayaka Kalyana Mantapa in Karnataka’s Tumakuru district.
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