- Finance Minister Nirmala Sitharaman said India is set to soon become the world’s third-largest economy, driven by strong economic growth.
- She highlighted that India has moved from the 10th-largest economy in 2014 to the 5th, with the 3rd position within reach.
- India stands tall globally today because of its economic strength and rapid progress.
- Sitharaman noted that Viksit Bharat 2047 remains the long-term goal, with continued focus on inclusive and sustainable growth.
- She mentioned that 25 million people have been lifted out of multidimensional poverty, underscoring the country’s development strides.
- The Finance Minister also emphasised the importance of India-centric research and policy innovation for emerging economies.
- She added that customs regulations are being reformed to further boost trade and ease of doing business.
