India, Jan. 31 -- India is on course to becoming the world's third-largest economy and reaching the milestone of 'Viksit Bharat' (developed nation) with policies focused on the poor, middle class, women and farmers, President Droupadi Murmu said in her address to both houses of Parliament on Friday, opening the first budget session of the Modi government's third straight term in office.

The government has tripled the pace of compared to previous administrations, with a determination to end "policy paralysis", the President said, citing decisions on issues such as Waqf boards and one nation one election.

In her customary address, Murmu listed the achievements of the Narendra Modi-led Union government, stating that the government was stee...