World economies: India moved up from 10th to 5th since 2014; poised to be 4th in 2 years
Virendra Pandit
New Delhi: India, which has moved up from being the 10th largest economy in 2014 to the fifth now, is all set to become the fourth top global economy in the next two years.
Enabling policies and grassroots initiatives of the NDA Government led by Prime Minister Narendra Modi have led to the social and economic transformation of the country since 2014 when it came to power. Now it is all set to become the fourth largest economy in the world within two years, Union Minister for Railways, IT, and Communications Ashwini Vaishnaw said on Saturday, at a conclave marking the completion of nine years of the government.
He said India is being seen as a “bright spot” globally and the world is reposing its confidence in the South Asian nation. He urged people to believe in the decisive leadership that will take the nation to new highs by 2047 when the country celebrates its 100th anniversary of Independence.
“Within six years, India will be the third largest economy in the world,” Vaishnaw said highlighting the speed of progress and economic growth under the NDA government, which is driven by determination and a can-do attitude.
Highlighting the government’s various schemes and initiatives have empowered people and transformed lives, he told the audience: “Your future is being built in today’s India. By 2047, you will live in a developed country…when you make decisions, India will be among the top economies.”
