Prime Minister Narendra Modi has said despite the global economy facing downturns, India has seen minimum impact due to the government's pro-active steps. He said the Modi government was dealing strictly with both corruption and cronyism, adding his government had focussed on ''simplification, rationalisation and transparency''. The Prime said. On India's role in the global economy, the PM said the country had become a major part the global economic system. ''Recently, we have become the worlds'fifth-largest economy. Six -year-ago, we were at the 11th spot. In such a short time, we have come to the fifth spot, PM said.
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