Fixation on size of economy alone not helping; investment not picking up: congress

Newindianexpress

Fixation on size of economy alone not helping; investment not picking up: congress"


Play all audios:

Loading...

NITI Aayog member Arvind Virmani on Monday said India is set to become the fourth largest economy in the world by overtaking Japan by the end of 2025. The International Monetary Fund (IMF),


in its World Economic Outlook report released in April, had said that India is expected to be the fourth largest economy in the world with a GDP of USD 4.19 trillion in 2025, ahead of Japan.


"India is in the process of becoming the fourth largest economy, and I am personally confident that will happen by the end of 2025 because we need (data) of all 12 months GDP to say


that, you know, to assert that. So to say till then, it remains a forecast," Virmani had said. Asked to comment on NITI Aayog CEO BVR Subrahmanyam's remark that India has become


the fourth largest economy in the world, the eminent economist had said: "So this is a complicated question, and I really do not know what the words anybody has used. Perhaps there was


some word which was missed or something." Citing IMF data, Subrahmanyam, last week, said that the size of the Indian economy today is larger than Japan's. "We are the fourth


largest economy as I speak. We are a USD 4 trillion economy as I speak," the NITI Aayog CEO had said.


Trending News

11 daily struggles of people with big feet - scoopwhoop

Living with big feet is no easy feat. It’s a tough life as your patience is tested time and again, from when you don’t f...

Infosys co-founder nandan nilekani donates ₹315 crore to alma mater iit bombay

Infosys Co-Founder Nandan Nilekani Donates ₹315 Crore To Alma Mater IIT Bombay | FPJ Nandan Nilekani, co-founder and cha...

Nature reviews cancer - volume 14 issue 9, september 2014

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best expe...

Hilaria baldwin says she's reminding herself of 'joyful moments' after difficult miscarriage

Days after revealing that she had suffered a miscarriage, Hilaria Baldwin posted an uplifting message on Instagram, sayi...

Banking on art to draw in new business

The lobby of the Ivanhoe branch of Imperial Savings in La Jolla looks more like an upscale gallery than a temple of mone...

Latests News

Fixation on size of economy alone not helping; investment not picking up: congress

NITI Aayog member Arvind Virmani on Monday said India is set to become the fourth largest economy in the world by overta...

Spiral pits on silicon carbide

ABSTRACT THE dislocation theory of crystal growth1 suggests that the crystal growing at low supersaturation in the prese...

China seals off villages after bubonic plague deaths

By John Xie China on Saturday sealed off another village in Inner Mongolia after a resident died from bubonic plague, th...

Hyponatremia and syndrome of inappropriate antidiuretic hormone secretion complicating stem cell transplantation

SUMMARY: Hyponatremia is a common electrolyte disorder in hospitalized patients. Although there are a few case reports o...

Gordon elliott dead horse photo: bha consider options over image

The British Horseracing Authority (BHA) has claimed that it is 'appalled' by the image of trainer Gordon Ellio...

Top