India has become the world’s fifth largest economy, overtaking Britain. What is worth noting here is that we have now overtaken the UK. Britain ruled India for more than 200 years. Now our goal is to overtake countries like Japan and France to become the third largest economy in the world.
Union Minister Piyush Goyal, who arrived in San Francisco, said that India has become one of the most attractive investment destinations in the world. World leaders and developed countries are trying to increase their engagement with India. They are looking for a bilateral agreement to increase trade with India.
Attending a program in California, Union Minister Piyush Goyal said that game-changing economic reforms have been implemented in India. New incentives have been created to expand the boundaries of economic activity. India’s growth rate shows that we are poised to become a $30 trillion economy in the next 30 years. Due to the covid epidemic, conflict between Ukraine and Russia, prices have increased worldwide. Inflation in developed countries is also 10-11 percent while in India it is between 6-7 percent.
