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India’s GDP to reach $5 trillion by 2025: World Bank (Relevant for GS Prelims, GS Mains Paper III)

With economic reforms adopted in the last few years starting to bear fruit, India is poised to remain the fastest growing large economy in the world, and its GDP is expected to reach $5 trillion by 2025, a top Indian official has told the World Bank.

“India is poised to remain as the fastest growing large economy in the world. In 2018, we expect India to grow at over 7.4%,” economic affairs secretary Subhash Chandra Garg told the 97th meeting of the Development Committee of the World Bank in Washington.

(Adapted from the live mint)

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