India went from ‘fragile 5’ to ‘top 5’ economy in 10 yrs: Prez
Says ‘Made in India’ has become a global brand and the world enthused about the Make in India policy
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The number of people filing Income Tax Returns has increased from about 3.25 crore to about 8.25 crore i.e., it has more than doubled - Droupadi Murmu, President
New Delhi: President Droupadi Murmu on Wednesday said in the last decade India has transformed from “fragile five” to a “top five” economy, and ‘Made in India’ is now a global brand.
In her first address to a joint sitting of the two Houses in the new Parliament building, she spoke on various aspects of the economy, and highlighted achievements of the 10 years of the Modi government. “In the last 10 years we have seen India transform from ‘fragile five’ to a ‘top five’ economy,” Murmu said.
Ten years ago, India was the 10th largest economy in the world, with a GDP of $1.9 trillion at current market prices. Today, it is the 5th largest with a GDP of $3.7 trillion (estimate 2023-24). The President further said now ‘Made in India’ has become a global brand and the world is enthused about the Make in India policy.