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India set to become world’s third-largest economy, says FM Sitharaman
India aims to soon become world’s third-largest economy, says FM, citing infrastructure, inclusive policy and tech adoption.
India’s Finance Minister remarked today that the country has climbed from being the 10th-largest economy in 2014 to 5th today and is “soon” on track to become the 3rd largest globally. She attributed the rise to inclusive policies, infrastructure push and technological adoption. While she clarified that India has not yet achieved developed-country status, she emphasised the transition economy’s trajectory and commitment to strengthening research, innovation and human capital. The remarks form part of the national narrative ahead of key policy announcements.