Defence Minister Rajnath Singh on Saturday asserted that the country has been making rapid economic progress and is tipped to become a developed nation by the time it celebrates the centenary of its Independence. Addressing the convocation of a private university in Bihar's Rohtas district, Mr Singh also noted with delight that there has been an increasing appreciation of the country's cultural roots and foreigners were often using the word Bharat instead of India. In 2014, India was at the bottom of the list of top 10 economies of the world but in a short span of time since then, the country is now among the top five, said Mr Singh, referring to the period since the Narendra Modi government has been in power.
