https://sputniknews.in/20230927/india-soon-to-emerge-as-global-economic-powerhouse-pm-modi--4477945.html
India Will Rise as Global 'Economic Powerhouse': PM Modi
India Will Rise as Global 'Economic Powerhouse': PM Modi
Sputnik India
Indian Prime Minister Narendra Modi on Wednesday said that India was on course to become the world's "economic powerhouse".
2023-09-27T20:14+0530
2023-09-27T20:14+0530
2023-09-29T10:39+0530
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India is on course to become the world's "economic powerhouse", Indian Prime Minister Narendra Modi said on Wednesday. Modi, who has led India since 2014, vowed to transform the South Asian nation into a "global growth engine", which would give it a seat among the top three economies of the world. Interestingly, Modi's comments about the country's growing prowess in the economic arena come at a time when global financial institutions like the World Bank and International Monetary Fund (IMF) declared India a "bright spot" among large economies.Notably, India grew at a rate of 7.2 last fiscal, surpassing forecasts of economists, who had predicted a growth of 7 percent.The Reserve Bank of India, the country's central bank, has predicted similar figures during the 2023-24 financial year.
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India Will Rise as Global 'Economic Powerhouse': PM Modi
20:14 27.09.2023 (Updated: 10:39 29.09.2023) India is the fifth largest economy in the world after the US, China, Japan, and Germany at present.
