India will become the 3rd largest economy in the world by 2030.. experts predict

India will become the 3rd largest economy in the world by 2030.. experts predict
India will become the 3rd largest economy in the world by 2030.. experts predict
The report of the international organization IMF on the economic situation of the world countries was published in Anmai. In this, India has advanced to the 5th place, pushing Britain behind. As of last quarter, India’s economy rose to $854.7 billion, while Britain’s economy stood at $814 billion. With this, India, which was once a colony of Britain, has now overtaken that country in terms of economy.

Soumya Gandhi Ghosh, Economic Advisor of State Bank of India has said that by 2030, India will be the 3rd largest economy behind Germany and Japan. India is predicted to surpass Germany in 2027 and Japan in 2029, according to the study.

The report comes days after the central government shared India’s first quarter GDP data.

Also Read: UPI growing at breakneck speed… 10.73 lakh crore transactions in August!

The government had recently announced that India’s gross domestic product (GDP) grew by 13.5 per cent in the June 2022 quarter (Q1 FY23) compared to the 20.1 per cent growth recorded in Q1 2021-22. As per reports, our Indian economy is said to be growing at 13.5 percent year-on-year, which is lower than the RBI estimate.

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