Will India become one of top economies of world in coming decades ?

Feb 15, 2021 | 1 min Read

The CEBR forecasts that the Indian economy will expand by 9 per cent in 2021 and by 7 per cent in 2022. ... "This growth trajectory will see India become the world's third largest economy by 2030, overtaking the UK in 2025, Germany in 2027 and Japan in 2030," it said The minister said the Budget for FY22, with its enhanced allocation for capex, healthcare and the development of agriculture infrastructure, has set the stage for India to become self-reliant. It focused on sectors with high multiplier effect on the economy. “…reforms are going to lay a path for India to be one of the top economies of the world in the coming decades,” Sitharaman said. Govt has even acknowledged the contribution of wealth creators to nation building.