On twenty fourth Could, NITI Aayog CEO BVR Subrahmanyam mentioned India had overtaken Japan to grow to be the world’s fourth-largest economic system, citing IMF knowledge.
He added that India has a $4 trillion economic system, behind solely the US, China, and Germany. Nevertheless, IMF knowledge initiatives India’s GDP at $4.187 trillion in FY26 — simply barely forward of Japan’s $4.186 trillion.
If present plans keep on observe, Subrahmanyam mentioned India may grow to be the third-largest economic system within the subsequent 2–3 years.
India stays the fastest-growing main economic system, with 6.2% progress anticipated in 2025 and 6.3% in 2026, per IMF. A second spherical of the asset monetisation pipeline can be ready and introduced in August.
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