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Third largest economy: India to become world’s 3rd largest economy: Experts

Third largest economy: India to become world’s 3rd largest economy: Experts
Third largest economy: India to become world’s 3rd largest economy: Experts

Experts say that India, which recently overtook Britain to become the 5th largest economy in the world, will rise further in the future. He said that India will become the 3rd largest economy in the world by 2030. Chief Economic Adviser Arvind Veeramani said that India has focused on capital expenditure. People have been saying that we are far behind China for 20-30 years. Now those expectations are changing, he said.

Third largest economy: Experts say that India, which recently overtook Britain to become the 5th largest economy in the world, will grow even more in the future. He said that India will become the 3rd largest economy in the world by 2030. Chief Economic Adviser Arvind Veeramani said that India has focused on capital expenditure. People have been saying that we are far behind China for 20-30 years. Now those expectations are changing, he said.

He said that this is the second time that India has overtaken Britain. He said that India is making efforts to reduce revenue expenditure. The Reserve Bank of India’s strategies against inflation are helping to strengthen the Indian economy, he said. He said that while the Indian economy is booming, the UK economy is shrinking at the same time.

Another economist said that the weakening economy in the UK will also affect the country’s electoral process. He said that the strengthening of the Indian economy is a source of pride for us. He said that even the International Monetary Fund has been saying for a long time that India’s economy is growing rapidly. He said that inflation in India is under control, but in Britain it is increasing.

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The article is in Telugu

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Tags: largest economy India worlds #3rd largest economy Experts

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