New Delhi, May 26 -- India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog CEO BVR Subrahmanyam has said.
Subrahmanyam said the overall geopolitical and economic environment is favourable to India. "We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak," he said.
Citing IMF data, Subrahmanyam said India today is larger than Japan. Till 2024, India was the fifth-largest economy in the world.
"It is only the US, China and Germany which are larger than India, and 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," Subrahmanyam said.
The International Monetary Fund (IMF), in its World Economic Outloo...