Is the Modi Government Creating New History in Every Field?
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Synopsis
Discover how Prime Minister Narendra Modi's leadership is reshaping India over the past 11 years. From significant economic growth to technological advancements and inclusive development, Piyush Goyal unveils the transformative journey of a nation poised to become the world's fourth-largest economy by 2025.
Key Takeaways
- India's GDP growth is projected to reach $4,187.017 billion by 2025.
- It is the fastest-growing major economy globally.
- The Modi government's policies aim for inclusive development.
- India is expected to surpass Germany's economy by 2028.
- Growth projections for Japan and Germany are stagnating due to trade conflicts.
New Delhi, June 9 (NationPress) Prime Minister Narendra Modi is at the forefront of a significant transformation in Bharat, marking an extraordinary chapter in the nation's history over the past 11 years. The country is achieving remarkable milestones across various sectors, including economy, technology, society, and inclusive development, as highlighted by Commerce and Industry Minister Piyush Goyal on Monday.
“Eleven years ago, India was trailing in numerous aspects, but under the Modi government, it has reached new heights of progress. The profound impacts of his administration's policies have resonated throughout all segments of society,” the minister elaborated.
This era symbolizes effective governance aimed at uplifting the poor, empowering youth, supporting farmers, and advancing women's rights. The mantra of Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas encapsulates not just a philosophy but the essence of a revitalized India, he asserted.
Guided by Prime Minister Modi, India is on a continuous path toward becoming a developed nation, taking the lead on a global scale with swift advancements, comprehensive transformations, and active citizen engagement. The minister emphasized that India has emerged as the world’s fastest-growing economy.
According to the IMF in its latest World Economic Outlook report, India is set to become the world’s fourth-largest economy by 2025, with its nominal GDP projected to reach $4,187.017 billion, surpassing Japan’s GDP of $4,186.431 billion.
The report confirms that India remains the fastest-growing major economy globally, with expectations of over 6 percent growth in the coming two years.
This robust growth trajectory is anticipated to elevate India’s GDP to $5,584.476 billion by 2028, positioning it above Germany as the third-largest economy.
The IMF forecasts a stagnant growth rate for Germany, projecting zero growth in 2025, followed by 0.9 percent in 2026, as it faces challenges from the ongoing global trade conflict. Germany's GDP is estimated at $5,251.928 billion by 2028.
In contrast, Japan is expected to experience stagnation as well, with growth rates of only 0.6 percent for 2025 and 2026 due to the adverse effects of the global trade war.
Point of View
It's evident that under Prime Minister Modi's leadership, India has navigated through challenges and emerged as a beacon of growth and development. The government's focus on inclusive policies is commendable, ensuring that no section of society is left behind. As we move forward, it's crucial to maintain this momentum for a prosperous future while also addressing global economic challenges.
NationPress
26/07/2025
Frequently Asked Questions
What is the current economic status of India?
India is currently the world's fastest-growing major economy, projected to become the fourth-largest economy by 2025 with a nominal GDP of $4,187.017 billion.
How has the Modi government impacted development in India?
The Modi government has implemented policies that have significantly accelerated economic growth and inclusive development across various sectors, benefiting all sections of society.
What are the future growth projections for India's economy?
India's GDP is expected to grow to $5,584.476 billion by 2028, surpassing Germany to become the third-largest economy in the world.
