PM Narendra Modi said that India is going to become the third largest economy in the world soon. Experts believe that India’s contribution to the development of the world will be around 20%.
PM Narendra Modi: Prime Minister Narendra Modi said on Saturday that India is going to become the third largest economy in the world very soon. Experts are saying that India’s contribution to the development of the world is going to be around 20% very soon. The reason for this flexibility in India’s economy is the comprehensive economic stability in the country in the last decade. Addressing the ET World Leaders Forum 2025, PM Modi talked about India’s progress in various fields. They said,
We are going to become the third largest economy in the world very soon. Experts are saying that India’s contribution to the development of the world is going to be around 20% very soon. The reason behind this development, this flexibility that we are seeing in the economy of India is the comprehensive economic stability that has come to India in the last decade. Today, our fiscal deficit is expected to be reduced by 4.4 percent. This is when we have faced such a big crisis of Kovid. Today, our companies are collecting record funds from the capital market.
The first Made in India chip will come in the market by the end of this year
Narendra Modi said, “Today our banks are stronger than ever. Inflation is very low, interest rates are low. Our current account deficit is also under control. Foreign currency reserves are also very strong. Millions of domestic investors are investing thousands of crores in the market through SIPs every month.” They said,
By the end of this year, the first Made in India chip will arrive in the market. We are working fast on Made in India 6G. We all know that semiconductor construction could have started in India 50-60 years ago, but India lost that too, and the same thing continued for many years to come. Today we have changed this situation. In India, semiconductor -related factories have started setting up. By the end of this year, the first Made in India chip will arrive in the market.
Also read- PM Modi will go to Gujarat on 25-26 August, will give 2548 crore projects
Referring to the monsoon session ended this week, PM Modi said that the government has carried forward the reforms. He also mentioned the bills passed during the shipping area and mining related sessions. Said, “The monsoon session of Parliament has just ended. In this monsoon session you will see the continuity of improvement. Despite the many disruptions created by the opposition, we are engaged in improvement with complete commitment. The public belief has been passed in this monsoon session. In this monsoon session, many amendments have been made in this monsoon session. ”