India won't take long to surpass Britain's economy, says PM Narendra Modi

Prime Minister Narendra Modi on Sunday said that energy is essential for financial development and its paucity does not let any nation come out of poverty. Claiming the day was not far when India would overtake Britain's economy, he said while 130 million families received gas connections in the country in 60 years, his government gave connections to 100 million families in the last four years.

Modi was addressing a gathering after inaugurating the Mundra LNG Terminal, Anjar-Mundra and the Palanpur-Pali-Barmer gas transmission projects, cumulatively worth Rs 62.16 billion, at Anjar in Gujarat's Kutch district.

"Energy is essential for development. Paucity of energy does not let any nation come out of poverty. If one needs freedom from poverty, wants financial development and a self-sufficient country, energy is necessary. Without it, even a mobile phone cannot be charged," he said.