A big news has come out regarding the Indian economy. India’s economy has witnessed historic growth. For the first time under the leadership of Prime Minister Narendra Modi, India’s economy has crossed 4 trillion dollars. With this, India has come one step closer to becoming the country with the fourth largest economy in the world. The special thing is that this is a big step towards India’s goal of achieving a five trillion dollar economy.
Two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis have given statements in this regard. After him, now billionaire businessman Gautam Adani also praised the Indian economy for crossing the $4 trillion mark on November 19. However, no official confirmation has been made in this regard till now. The Central Government has not yet issued any statement regarding achieving this milestone.
The Finance Ministry and the National Statistical Office have not commented on the viral post on social media regarding India’s GDP crossing $4 trillion. Meanwhile, highly placed sources said that this news being spread rapidly on social media is wrong and India is still far away from becoming a 4 trillion dollar economy.
An unverified screenshot of the latest GDP figures for all countries based on International Monetary Fund (IMF) data has been shared on social media. Many people, including senior leaders of the ruling BJP, are among those who shared it. Many political leaders, including Fadnavis, lauded the achievement on social media platforms. Those who tweeted in this regard include Jal Shakti Minister Gajendra Singh Shekhawat, Union Minister Kishan Reddy and Telangana BJP President D Purandeshwari.
The country’s leading industrialist Adani wrote on social media platform X, Congratulations India. Only two years are left for India to become the third largest economy in terms of GDP, leaving behind Japan with $ 4,400 billion and Germany with $ 4,300 billion. The tricolor continues to fly! Jai Hind. Latest monitoring of GDP data for all countries is very difficult, as data for different sectors of the economy are available with a slight lag.
There was tremendous growth in the first quarter
During the financial year 2023-24, a growth of 7.8 percent was seen in the GDP of the Indian team in the first quarter itself. Some time ago, Reserve Bank of India Governor Shaktikanta Das had given a positive statement regarding the country’s economy. Shaktikanta Das had said on October 31 that from the figures of economic activities that have come out, it seems that the GDP figures by the end of November will be shocking.