India’s Economy Surges to Fourth Largest, but Inequality and Civic Issues Remain
India’s economy has surpassed Japan’s, securing its position as the world’s fourth largest with a USD 4 trillion valuation, according to NITI Aayog CEO BVR Subrahmanyam. This achievement, based on IMF data, positions India behind only the US, China, and Germany. Further growth is projected, potentially making India the third largest economy within 2.5 to 3 years. A second round of asset monetisation is also planned for August.
John Q. Hosedrinker