Is India Now the World's Fourth Largest Economy?
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Synopsis
India's recent achievement of becoming the world's fourth-largest economy is a significant milestone. This accomplishment reflects a decade of progress under the leadership of Prime Minister Narendra Modi and showcases the nation's rising prominence on the global stage. Explore the reactions from leaders and the implications for India's future growth.
Key Takeaways
- India has surpassed Japan to become the fourth-largest economy.
- The achievement reflects a decade of economic progress.
- Prime Minister Modi's leadership has driven India’s growth.
- India is now a $4 trillion economy.
- Future projections indicate a potential rise to the third-largest economy within a few years.
New Delhi, May 25 (NationPress) In a significant development, India has officially surpassed Japan to secure its position as the world's fourth-largest economy. This achievement was celebrated by Union ministers and BJP leaders, who regarded it as a moment of national pride and a testament to Prime Minister Narendra Modi's vision for a flourishing India.
Union Minister for Women and Child Development, Annapurna Devi, emphasized that this milestone is indicative of a decade of unwavering economic growth.
She declared, "Under Prime Minister Modi's leadership, India has consistently progressed over the last ten years. Previously ranked eleventh during the UPA era, India climbed to fifth, and now proudly holds the fourth position. This indicates that Prime Minister Modi’s ambition of achieving the status of the third-largest economy is well underway," she elaborated.
Echoing similar thoughts, Minister of State for Defence Sanjay Seth labeled this achievement as a proud moment for every Indian.
"This is a moment of pride for our 140 crore citizens. It is indeed fortunate that we have emerged as the fourth-largest economic power globally. This reflects Prime Minister Modi's unwavering commitment... His vision is to advance our nation tirelessly and relentlessly through dedicated work," stated MoS Seth.
BJP MLA Harish Khurana remarked, "This is a proud moment for every Indian. The remarkable advancements our nation has made in the past eleven years are commendable. Prime Minister Modi aspires for us to soon become the third-largest economy worldwide."
BJP MLA Navin Jaiswal highlighted the transformative journey under Modi’s guidance. "Since Prime Minister Modi assumed leadership, India, which was once ranked eleventh, has now ascended to the fourth-largest economy in merely 10 to 11 years," he noted.
The official announcement confirming India’s leap over Japan was made by NITI Aayog CEO B.V.R. Subrahmanyam during a press briefing following the 10th Governing Council meeting of NITI Aayog.
"As I speak, we are the fourth-largest economy. We have reached a milestone of $4 trillion," he stated, referencing IMF data.
"Only the US, China, and Germany are larger than India. If we adhere to our current plans, within 2.5 to 3 years, we will ascend to the third-largest economy," he added.
Subrahmanyam also remarked that the prevailing geopolitical and economic conditions are advantageous for India's ongoing growth.
Point of View
I believe India's ascent to the fourth-largest economy is not just a numerical achievement, but a reflection of the collective efforts of our citizens and leadership. This milestone should inspire confidence and determination among all Indians as we strive for further growth and prosperity, remaining committed to the nation's progress.
NationPress
21/07/2025
Frequently Asked Questions
What does it mean for India to become the fourth-largest economy?
This milestone signifies India's significant economic growth and competitive positioning on the global stage, showcasing its potential to become a leading economic power.
How did India achieve this economic status?
India's rise is attributed to consistent economic reforms, strategic leadership under Prime Minister Modi, and favorable geopolitical conditions that have fostered growth.
What are the implications of this achievement?
This achievement may lead to increased foreign investment, enhanced global standing, and a stronger economic framework, propelling India toward further growth.
