
CosmicTaco
India Emerges as World's Fourth Largest Economy
- India has surpassed Japan to become the world's fourth-largest economy, as reported by NITI Aayog CEO BVR Subrahmanyam, based on IMF data.
- With a current economy of $4 trillion, India is now larger than Japan and is on track to potentially overtake Germany soon.
- The IMF projects India to be the fastest-growing major economy, with growth rates of 6.2% in 2025 and 6.3% in 2026, outpacing global averages.
- India's rapid economic growth is attributed to its demographic dividend and strategic planning, says the NITI Aayog CEO.
- The Prime Minister has called for state-level vision documents to further capitalize on growth opportunities, reflecting India's ambitious trajectory.
Source: Mint
2mo ago
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Other indices are still low. Catching up with China is still in extremely distant future.
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