IMF's Gita Gopinath Goes Bullish On India's Economic Growth
NDTV
India has become the fifth-largest economy in the world, and is set to be among the top three global economic powers soon.
After Prime Minister Narendra Modi, during his Independence Day address to the nation, said the country is on its way to become the third-largest economy with big reforms across sectors, Gita Gopinath, Deputy Managing Director of the International Monetary Fund (IMF), has stated that the country is likely to achieve this feat by 2027.
India has become the fifth-largest economy in the world, and is set to be among the top three global economic powers soon.
According to Ms Gopinath, India's growth did much better than expected during the last fiscal year (FY24) as private consumption growth recovered across sectors, especially in the rural economy.
