India's rise unstoppable, to become 3rd largest economy by turn of decade: Dhankhar

It is primarily because of the agriculture and agri-based industry, India is a rising star in the global economy, he said.

Vice President Jagdeep Dhankhar on Friday said India is a rising star in the global economy primarily due to agriculture and agri-based industry, and stressed that the country's rise is "unstoppable".

Addressing the 61st convocation of Indian Agricultural Research Institute (IARI), Mr. Dhankhar said: "In September 2022, India became the 5th largest economy in the world. It has not come easily. It has been a cesarean." Indeed, it is a milestone achievement and the agriculture sector had a significant contribution in India's global rise, he said.

Agriculture is the backbone of the Indian economy. It is primarily because of the agriculture and agri-based industry, India is a rising star in the global economy, he added.

Mr. Dhankhar further said, India that everyone is seeing today is wonderful. "India's rise is unstoppable... We are the most favourite destination of opportunities and investment," he noted.

Such an ecosystem has been developed that affirmative policies are in place to attract talent and investment, he said.

"By the end of the decade, India will be the third largest economy in the world," he said and urged young Indians to lay the foundation for 2047 when India enters the centenary of its independence.

Asserting that value addition to agri-produce can bring economic revolution, the Vice President said IARI has the capacity and intellect to add value to farm produce.