India a USD 4 trillion economy? No official word yet
Adani to Fadnavis, including Union Ministers, hail country’s ‘landmark feat’ in viral social media posts
NEW DELHI: Billionaire Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing USD 4 trillion mark though there was no official confirmation if the country has achieved the landmark.
The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India’s GDP crossing USD 4 trillion.
Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.
An unverified screengrab from the live tracking GDP feed for all countries based on International Monetary
Fund data has been widely shared on social media, including by many including senior BJP leaders.
It is very difficult to have live tracking of GDP numbers of all countries as numbers of various sectors of the economy are available with a lag.
Many political leaders, including Maharashtra Deputy CM Devendra Fadnavis hailed the achievement.
“India’s moment of global glory as our GDP crosses $4 Trillion.The rise of #NewIndia under PM @narendramodi ji’s leadership is truly unparalleled,” Jal Shakti Minister Gajendra Singh Shekhawat said in a post on X.
Another Cabinet minister, G Kishan Reddy in a post said, “Congratulations As The GDP Touches $4 Trillion For The First Time and Marches Ahead. On the course towards $5 Trillion Economy - Modi Ki Guarantee.” Reddy is Union Minister for Culture, Tourism and Development of Northeast Region as well as Telangana BJP president.
Fadnavis also posted, “This is what dynamic, visionary leadership looks like ! That’s what our #NewIndia progressing beautifully looks like ! Congratulations to my fellow Indians as our Nation crosses the $ 4 trillion GDP milestone! More power to you, more respect to you Hon PM @narendramodi ji!.”
India recorded GDP growth of 7.8 per cent during the April-June period of 2023-24, the highest in the past four quarters, on the back of double-digit expansion in the services sector, retaining its position as the world’s fastest-growing major economy.
Congratulations, India. Another two years to go before India becomes the 3rd largest nation in terms of Global GDP by overtaking Japan at $4.4 trillion and Germany at $4.3 trillion. Tricolour surge continues! Jai Hind —Gautam Adani (on X)
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2023-11-20T08:00:00.0000000Z
2023-11-20T08:00:00.0000000Z
https://news.dtnext.in/article/281809993633400
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