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news details
India will be world's 3rd largest economy: Rohiin Chandan
2/26/2024 10:07:03 PM
Early Times Report
JAMMU, Feb 26: Bharatiya Janata Party (BJP) District Secretary Jammu South, Rohiin Chandan stated that under Prime Minister Modi's leadership, the government has strongly emphasized creating a framework to help the impoverished escape poverty and ensure their advancement is long-lasting since 2014. He said at the same time, initiatives have been taken to build a growth-friendly environment that enables those in poverty to rise to the middle class while accommodating their evolving goals. Consequently, the middle class in India has grown into a driving force behind the country's progress, Rohiin said.
Rohiin Chandan highlights India has improved its world ranking from the 10th largest economy in 2014 to the 5th largest in 2024. He said that this rise happened under the "umbrella" of PM Modi's leadership and due to its fighting corruption, the stopping of leakages in the transfer of government benefits, and the creation of a strong economy and spending of public money for the welfare of the poor.
Rohiin emphasized that under the banner of the Modi-led government, years have seen India become an "economic powerhouse". It is poised to become the "third-largest economy" very soon. He educates that is an outstanding achievement; this period has recorded the best growth in India's economic history. Rohiin elaborates that PM Modi's leadership is outstanding and the nation is now officially a Top 5 economy on track to become a Top 3 economy by the end of 2027. Rohiin said hopefully this year it will emerge as the 4 largest economies and during PM Modi's 3rd term, India will be the "world's 3rd largest economy', marching on to become the "No.1 economy" by 2047.
Rohiin underscored, that in the last 10 years, under the patronage of Prime Minister Narendra Modi, the country has witnessed remarkable progress, and India gained global stature under PM Modi's leadership that's absolutely stunning and remarkable. He asserted that the world recognizes its leadership in climate action, innovation, and technology. Rohiin noted that there were fearmongers that the Indian economy would collapse after Covid. But under the dynamic leadership of Prime Minister Narendra Modi, India turned the crisis into an opportunity. He said the world commended India's efforts in combating COVID-19. International organizations like the IMF, World Bank, and others acknowledged India's remarkable V-shaped economic recovery, surpassing that of China and the US.
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