Indian economy appears to have crossed the $4 trillion mark, making history as its Gross Domestic Product (GDP) figure reached a new milestone, several media reports said on Sunday quoting a screengrab of a live GDP tracker of all economies based on the International Monetary Fund’s data.
No official announcement regarding the data has been made as of yet. However, several BJP leaders and media publications shared the screengrab on social media platforms.
Citing the screengrab, Union Minister of State, Arjun Ram Meghwal shared a post on a social media platform, X, and called the achievement ‘a significant moment in our global presence’. He lauded the government led by Prime Minister Narendra Modi for leading the country ‘to unprecedented heights’.
India achieves a historic milestone crossing $4 Trillion in GDP, marking a significant moment in our global presence.
The transformative leadership of PM @narendramodi ji has propelled #NewIndia to unprecedented heights. pic.twitter.com/hQMI1LV0Ml
— Arjun Ram Meghwal (@arjunrammeghwal) November 19, 2023
Maharashtra Deputy Chief Minister, Devendra Fadnavis also shared a congratulatory message to the country and the government. He said, “This is what dynamic, visionary leadership looks like! That’s what our #NewIndia progressing beautifully looks like! Congratulations to my fellow Indians as our Nation crosses the $ 4 trillion GDP milestone!”
Among the messages, businessman Gautam Adani also extended his appreciation and expressed confidence that the country would become the third largest economy in the coming two years.
Congratulations, India. Another two years to go before India becomes the 3rd largest nation in terms of Global GDP by overtaking Japan at $4.4 trillion and Germany at $4.3 trillion. The Tricolour surge continues! Jai Hind. https://t.co/Fz7Wfsr2O8
— Gautam Adani (@gautam_adani) November 19, 2023
Notably, last week itself, S&P Global Ratings said that India’s GDP could grow 6 to 7.1 per cent annually during the fiscal years 2024 to 2026, helped by the country’s economic growth prospects which should remain strong over the medium term.
Also Read : India’s GDP To Grow 6-7 Per Cent During 2024-26, Growth Prospects Strong: S&P