India, May 25 -- NITI Aayog CEO BVR Subrahmanyam said on Saturday that India has overtaken Japan to become the fourth-largest economy in the world. Speaking at a press briefing after the 10th governing council meeting of NITI Aayog, Subrahmanyam said India's economy is now worth $4 trillion and only the United States, China, and Germany have larger economies.

The Niti Aayog CEO quoted data from the International Monetary Fund (IMF) and confirmed that India has now surpassed Japan."We are the fourth largest economy as I speak. We are a $4 trillion economy as I speak," PTI quoted Subrahmanyam as saying.

"If we stick to what is being planned and what is being thought through, in 2.5-3 years, we will be the third largest economy," he added....