• 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.