Experts say India marching towards becoming world's 3rd biggest economy: PM

"For the past two or three years, the world has been fighting the corona pandemic", he said

PM Modi, Narendra Modi
Prime Minister Narendra Modi
Press Trust of India Ramagundam (Telangana)
2 min read Last Updated : Nov 12 2022 | 6:14 PM IST

India is marching towards becoming the third largest economy in the world according to experts, even when the world is going through a critical time, Prime Minister Narendra Modi said on Friday.

Speaking after dedicating a fertiliser plant to the nation and launching various projects here, Modi said experts have stated that the growth witnessed by the country after 1990, in the past three decades, will happen in just a few years due to the change that has happened during the past eight years.

"For the past two or three years, the world has been fighting the corona pandemic. On the other hand, there are frictions, military actions are taking place and the effects of those are also impacting the country and the world," he said.

"But under these critical circumstances also, all in the world are hearing one more thing. Experts in the world say that India will soon become the third largest economy in the world and is marching forward very fast in that direction," the Prime Minister added.

In the past eight years, there has been a change in governance, thought process and also approach, he said. Whether it is infrastructure, government processes, or ease of doing business, all the changes are inspiring the India's "aspirational society".

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Narendra ModiIndian Economy

First Published: Nov 12 2022 | 6:14 PM IST

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