- India‘s economy made history on Sunday when its GDP for the first time ever exceeded $4 trillion.
- Billionaire Gautam Adani praised India for the accomplishment.
- India hopes to reach its goal of having a $5 trillion economy by 2026–2027.
According to multiple media reports, India’s economy made history on Sunday when its Gross Domestic Product (GDP) for the first time ever exceeded $4 trillion in nominal terms.
Official confirmation of whether the mark has been crossed has not been provided by the National Statistical Office or the Finance Ministry.
India’s GDP
An important turning point in India’s global presence occurred when its Gross Domestic Product (GDP) nominally crossed the $4 trillion threshold for the first time.
Whether the mark has been broken has not been formally confirmed by the National Statistical Office or the Finance Ministry. Senior BJP leaders are among those who have shared on social media a purported screengrab from the live tracking GDP feed for every country based on data from the International Monetary Fund.
Arjun Ram Meghwal, the union minister of state, tweeted that Maharashtra deputy chief minister Devendra Fadnavis’ photo was being shared, indicating that this is an important moment in India’s global presence.
G Kishan Reddy, the cabinet minister, and D Purandeswari, the president of the BJP in Andhra Pradesh, congratulated India on reaching a $4 trillion GDP. Billionaire Gautam Adani praised India for the accomplishment and stated that the nation will only need to wait another two years to rise to the third position in the world economic rankings. India hopes to reach its goal of having a $5 trillion economy by 2026–2027.
