• ABOUT
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Wednesday, June 25, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Economy

India becoming world’s 5th largest economy no ordinary feat: PM Modi

by Economy India
September 9, 2022
Reading Time: 3 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
0
SHARES
0
VIEWS
Share on FacebookShare on XShare on Linkedin

India has emerged as the fifth largest economy in the world and this is not an ordinary achievement, Prime Minister Narendra Modi said on Thursday.

“Recently, India achieved the feat of becoming the world’s fifth largest economy. This achievement gave us confidence to work harder and achieve bigger goals in this Amrit Kaal,” Modi said.

“This is no ordinary progress. It fills every Indian’s heart with pride. We need to maintain this enthusiasm,” he added.

The Prime Minister was virtually addressing a mega medical camp organised in Olpad area of Surat city in Gujarat when he made the remarks.

Also Read: Nitin Gadkari calls for reduction in road accidents and deaths by 50% by 2024

On September 2, the International Monetary Fund (IMF) announced that India had surged past the United Kingdom to become the fifth largest economy in the world. The latest change in rankings is based on quarterly gross domestic product (GDP) numbers in current dollars for the period ending December 2021. India increased its lead over the UK in the quarter ending March, IMF data showed.

Besides, Modi lauded the Gujarat government for its several welfare reforms and referred to the Bharatiya Janata Party (BJP)-led state and Centre as “double-engine government”.

“As many as three crore (30 million) houses were built by the government across the country for the poor in the last eight years. Of these, nearly 10 lakh (one million) houses were constructed in Gujarat alone,” he said, referring to the Centre’s Pradhan Mantri Awas Yojana scheme.

“Today, 97% of rural households in Gujarat are receiving tap water. Under PM-Kisan Samman Nidhi, ₹2 lakh crores have been directly transferred to the accounts of the country’s farmers,” he said.

Also Read: GST Registration for Small Businesses

Farmers earlier used to get nothing despite tall promises made by previous governments at the Centre, he said. “But, the interests of farmers are always a priority for our double engine government. That is the reason why farmers of the country and Gujarat give us their blessings,” he added.

The Prime Minister also hailed Gujarat’s health infrastructure, saying the state has a robust network of multispeciality hospitals.

“The number of medical colleges has gone up from 11 to 31 in the last two decades. An All India Institute of Medical Sciences (AIIMS) is coming up (in Rajkot) and several new medical colleges are also proposed for the state,” he said.

Later in the day, Modi also virtually addressed the inaugural ceremony of ‘Kalam no Carnival’ Book Fair organised by Navbharat Sahitya Mandir in Ahmedabad. (Hindustan Times)

Tags: Prime Minister Narendra Modi
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Power PSUs Sign Historic MoU with National Sports Development Fund

Popular News

  • Innovation and Startup Funding Essential for Developed India: ASSOCHAM

    Innovation and Startup Funding Essential for Developed India: ASSOCHAM

    0 shares
    Share 0 Tweet 0
  • No Charges for Updating Nominee Details in PPF Accounts: Finance Minister Nirmala Sitharaman

    0 shares
    Share 0 Tweet 0
  • Startup Mahakumbh 2025: Piyush Goyal to Inaugurate India’s Biggest Startup Fest

    0 shares
    Share 0 Tweet 0
  • PM Narendra Modi Embarks on Official Visits to Thailand and Sri Lanka to Strengthen Regional Ties

    0 shares
    Share 0 Tweet 0
  • India Poised to Strengthen Global Trade and Manufacturing Amid US Tariff Shifts

    0 shares
    Share 0 Tweet 0
  • ABOUT
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved