The article was first published in The Hindu on June 2, 2025.
Over the past week, much media space was devoted to discussions around the size of India’s economy relative to other economies of the world. These discussions were based on the new estimates of the Gross Domestic Product (GDP) of various countries for 2024 by the International Monetary Fund (IMF), and its annual projections from 2025 till 2030. As per these projections, India’s GDP in 2025 was likely to be $4,187.03 billion, which will be marginally higher than the GDP of Japan at $4,186.43 billion. Thus, in all probability, India will be the fourth largest economy of the world in 2025 after the U.S., China and Germany…
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