Daily Edge By VisionIAS | India Overtakes Japan to Become the World’s 4th-Largest Economy

Daily Edge By VisionIAS | India Overtakes Japan to Become the World’s 4th-Largest Economy

India is now the world’s 4th-largest economy. Bigger than Japan.

India’s economy is now worth about $4.18 trillion, putting us behind only the US, China and Germany. On current projections, India could overtake Germany to become the world’s third-largest economy by 2030. Just a decade ago, we were ranked 10th. Today, we’re 4th and still the fastest-growing major economy in the world.

Growth has been strong, consumption is sustained, and global agencies like the IMF and World Bank are backing India’s momentum.
This growth didn’t happen by accident.. Reforms like GST rationalization, steady government investment, and resilient services and industrial sectors are keeping the engine running, even as global trade stays uncertain.

But here’s the flip side. When you divide that massive GDP among 1.4 billion people, the average income is still low. India ranks around 122nd globally in per capita income.
So yes, the economy is big, but prosperity hasn’t reached everyone yet.

Why does it matter?… With a young and growing workforce, the real test is whether this growth, beyond rankings, delivers good jobs and better lives.

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