Briefing the media on Sunday, B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary fund] data. India today is larger than Japan,” Subrahmanyam said, adding that the nation will go on to displace Germany as the third-largest economy, just behind the U.S. and China in around three years.
torsdag 29. mai 2025
India is set to be the world’s fourth-largest economy — but sustained growth will warrant more reforms
A top Indian official’s recent claim that the South Asian powerhouse has become the world’s fourth-largest economy has created a lot of buzz in the country’s social media, with an outpouring of self-congratulatory messages. While India has taken giant strides in boosting its GDP — it was ranked No. 10 in 2014 — and continues to be the fastest-growing major economy, it’s best to take the latest claims with a fistful of salt.
Briefing the media on Sunday, B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary fund] data. India today is larger than Japan,” Subrahmanyam said, adding that the nation will go on to displace Germany as the third-largest economy, just behind the U.S. and China in around three years.
Briefing the media on Sunday, B.V.R. Subrahmanyam, CEO of India’s state-run think tank Niti Aayog said, “we are the fourth-largest economy as I speak ... and this is not my data. This is IMF [international monetary fund] data. India today is larger than Japan,” Subrahmanyam said, adding that the nation will go on to displace Germany as the third-largest economy, just behind the U.S. and China in around three years.
