INDIA: 4 trillion-dollar economy
   Date :20-Nov-2023

4 trillion-dollar economy
 
 
NEW DELHI :
 
No official word, but congratulations pour in 
 
BILLIONAIRE Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing USD 4 trillion mark though there was no official confirmation if the country has achieved the landmark.
 
The Finance Ministry and the National Statistical Office did not immediately comment on the viral social media post on India’s GDP crossing USD 4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark. An unverified screengrab from the live tracking GDP feed for all countries based on International Monetary Fund data has been widely shared on social media, including by many senior BJP leaders. It is very difficult to have live tracking of GDP numbers of all countries as numbers of various sectors of the economy are available with a lag.
 
“Congratulations, India. Another two years to go before India becomes the 3rd largest nation in terms of Global GDP by overtaking Japan at $4.4 trillion and Germany at $4.3 trillion. The Tricolour surge continues! Jai Hind,” Adani said on social media platform X. Many political leaders, including Maharashtra Deputy CM Devendra Fadnavis hailed the achievement. “India’s moment of global glory as our GDP crosses $4 Trillion.The rise of #NewIndia under PM @narendramodi ji’s leadership is truly unparalleled,” Jal Shakti Minister Gajendra Singh Shekhawat said in a post on X. Another Cabinet Minister, G Kishan Reddy in a post said,