PM Modi said people's efforts over the past 12 years had helped India move from the “fragile five” to a major economy. Prime Minister Narendra Modi, addressing the nation from the ramparts of the Red Fort on the occasion of the 80th Independence Day, said on Saturday that the world had placed India among the “fragile five” economies and that people's efforts had helped the country move from the “fragile five” to a major economy over the past 12 years.Prime Minister Narendra Modi addresses the nation during the 80th Independence Day celebrations, at Red Fort in New Delhi. (PTI)Notably, the term “fragile five” referred to economies that were heavily dependent on risky foreign investment.Follow Independence Day live updates here.Key numbers from Modi's Independence Day speech:PM Modi said the world had once placed India among the “fragile five” economies.He said people's efforts over the past 12 years had helped India move from the “fragile five” to a major economy.Modi said more than 50 lakh households across the country are now covered by solar energy.He said piped gas has now reached 1.75 crore households across the country.PM said India has set a target of 200 GW of nuclear energy and is working to set up five new nuclear reactors.He said the world had begun recognising India’s capabilities, saying that the country had concluded free trade agreements (FTAs) with 40 countries.Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs.