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India Joins $4 Trillion Club; PM Modi Hailed For The Achievement
foej.in > Blog > India > India Joins $4 Trillion Club; PM Modi Hailed For The Achievement
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India Joins $4 Trillion Club; PM Modi Hailed For The Achievement

FOEJ DESK
Last updated: 2023/11/20 at 3:58 PM
FOEJ DESK
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India Joins $4 Trillion Club; PM Modi Hailed For The Achievement. Photo via Indialegallive
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India has achieved a historic feat by crossing the $4 trillion mark in its Gross Domestic Product (GDP) for the first time ever, according to several media reports. The milestone was reportedly reached on Sunday, based on International Monetary Fund data.

The finance ministry and the National Statistical Office have not yet confirmed the achievement officially. However, a screenshot of the live tracking GDP feed for all countries, showing India’s GDP at $4.01 trillion, has gone viral on social media. Several senior BJP leaders and industrialist Gautam Adani have congratulated India and praised Prime Minister Narendra Modi for his leadership.

BJP leaders Arjun Ram Meghwal, G Kishan Reddy, D Purandeswari and Devendra Fadnavis shared the screenshot on X and hailed Modi’s “visionary” and “transformational” leadership. They said that India’s global presence and respect have increased under Modi’s government. They also expressed confidence that India will soon achieve the target of becoming a $5 trillion economy.

Adani, who is one of the richest men in India, also congratulated India on X and said that it will take only two more years for India to become the third largest economy in the world, overtaking Japan and Germany. He said that India’s tricolor surge continues and wished Jai Hind.

The GDP milestone comes amid the recovery of India’s economy from the impact of the Covid-19 pandemic, which had caused a historic contraction of 7.3% in 2020-21. The government has announced several stimulus packages and reforms to boost the growth and revive the demand. The IMF has projected that India’s GDP will grow at 9.5% in 2021-22 and 8.5% in 2022-23.

FOEJ DESK November 20, 2023
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