Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world’s third-largest economy over the next few years, with economist Gita Gopinath saying it can happen by 2028 or even earlier.
Speaking in a World Economic Forum Annual Meeting session here, Vaishnaw said the only matter of concern is what will happen with the mountains of debt in the rich world and what could be the impact on India.
Gopinath said the challenge for India is not becoming the third-largest economy; the challenge is raising per capita income to higher levels.
Vaishnaw said what is working really well is that in the last decade, there has been a transformational change in our country, and it’s a very well thought-through, well-defined and a very focused execution.
He said it’s built on four pillars — the pillar of public investment in physical, digital and social infrastructure, the pillar of making sure that the entire society grows with the growth of the country, that is .
​Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world’s third-largest economy over the next few years, with economist Gita Gopinath saying it can happen by 2028 or even earlier.
Speaking in a World Economic Forum Annual Meeting session here, Vaishnaw said the only matter of concern is what will happen with the mountains of debt in the rich world and what could be the impact on India.
Gopinath said the challenge for India is not becoming the third-largest economy; the challenge is raising per capita income to higher levels.
Vaishnaw said what is working really well is that in the last decade, there has been a transformational change in our country, and it’s a very well thought-through, well-defined and a very focused execution.
He said it’s built on four pillars — the pillar of public investment in physical, digital and social infrastructure, the pillar of making sure that the entire society grows with the growth of the country, that is . by Soban News (international And National News)
