India world’s 4th largest economy, overtakes Japan: NITI Aayog CEO

India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog chief executive officer B V R Subrahmanyam recently said.

Overall geopolitical and economic environment is favourable for India, which is a $4-trillion economy now, he said briefing reporters after the 10th governing council meeting of the Aayog.

India has turned the fourth largest economy, overtaking Japan, NITI Aayog CEO B V R Subrahmanyam has said.
Overall geopolitical and economic environment is favourable for India, a $4-trillion economy, he said.
“It is only US, China, Germany, which are larger than India and if we stick to what is being planned and what is being thought through, in 2.5-3 years, we will be the third largest economy.”

“It is only US, China, Germany, which are larger than India and if we stick to what is being planned and what is being thought through, in 2.5-3 years, we will be the third largest economy,” Subrahmanyam said citing data from the International Monetary Fund (IMF).

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