By Admin 
Where the economic speed of India is growing, where will the economy of the country reach soon & Nbsp; NITI Aayog member can be understood from the words of Dr. Arvind Virmani. Talking to a news channel, he said that by 2027 or 28, India will become the third major economy in the world and will overtake Germany, which is at number three at the moment.
He said that by the end of 2025, India is ready to become the fourth largest economy in the world by beating Japan. In its World Economic Scenario Report released by IMF in April, it was said that India is extremely close to Japan in 2025 with a GDP of $ 4.19 lakh crore to become the fourth major economy in the world.
Virmani further said that if the Indian economy moves at a speed of 6 or 6.5 percent annually for the next 25 years, then it will be equal to China. He described the bilateral trade agreement between India and American as quite important in terms of India’s economic expansion.
He said about the roadpam of the next few years and said that it is very important to end the uncertainty about the tariff, because it is affecting the international trade. Speaking to news agency PTII, Virmani said that India is in the process of becoming the fourth largest economy in the world. They personally believe that this will happen by the end of 2025. & nbsp;
Japan will be left behind India’s growth
Earlier, NITI Aayog CEO BVR Subrahmanyam had said that India has become the fourth largest economy in the world. When asked to comment on this, the famous economist said, & lsquo; & lsquo; This is a complex question and I really don’t know what words someone has used. Perhaps a word is missed or something. & Rsquo; & rsquo; & nbsp; Subramaniam recently cited the IMF data saying that the size of the Indian economy has grown bigger than Japan today. Subramaniam said a few days ago, & lsquo; & lsquo; When I am speaking, we are the fourth largest economy. When I am speaking, we have become an economy of four million million dollars. & Rsquo; & rsquo;
Virmani said on this statement, & lsquo; & lsquo; When we publicly discuss the size of economies, we usually use the current US dollar prices. When we compare the economy, we usually do this in the context of annual GDP. & Rsquo; & rsquo; He said that in its report released in April, the IMF had given an accurate number, which showed that India’s GDP will be more than Japan for the whole year of 2025.
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