 "Independence Day, Indian Flag, Indian Flag")
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Chennai: Students display the National flag during rehearsals for Independence Day, in Chennai, Tuesday, Aug. 13, 2024. (Photo: PTI)
India is covered with saffron, white and green colours as the country commemorates its 78th Independence Day tomorrow (August 15). This year’s theme “Viksit Bharat” envisions India becoming a developed nation by 2047.
India has made significant progress in various areas. The gross domestic product (GDP) is around $3.5 trillion, making it the fifth-largest economy globally. It was under $1 trillion in the 1960s and stood at the 8th-9th position, according to the data from the World Bank (chart 1).
Sector-wise contribution to the economy has also shifted over the decades. In 1963-64, agriculture and
