Eknath Shinde, the chief minister of Maharashtra, repeated on Saturday his desire for the state to have a USD 1 trillion GDP, with the goal for the entire nation being a USD 5 trillion economy. Eknath Shinde, the chief minister of Maharashtra, declared that “our country has grown to become the fifth-largest economy in the world” while launching a number of development initiatives at Chhatrapati Sambhaji Nagar. Prime Minister Narendra Modi wants to build a USD 5 trillion economy, and Maharashtra wants to build a USD 1 trillion economy.
Behind the US, China, Japan, and Germany, the Indian economy is currently rated fifth.
India had the tenth-largest economy in the world in 2014, the year when Narendra Modi took office as prime minister. India passed the United Kingdom to become the fifth-largest economy in 2022. Shinde also praised Chandrayaan 3’s gentle landing at the South Pole and the success of the G20 conference hosted by India..
“The whole world came for G20 and the miracle to bring all these people to India was done by PM Modi. India is the first country to do a soft landing on the south pole of the Moon. This was done by our scientists and PM Modi gave inspiration for it,” CM Shinde said.
India recently successfully hosted the G20 summit in the national capital, hosting over 40 global leaders and their delegations.
At the Leader’s Summit, the New Delhi Declaration was adopted unanimously with full consensus. A major standout of the declaration was bringing all global powers on the same page and forging consensus on an issue as divisive as the Russia-Ukraine war.
A major and historic takeaway of India’s presidency of the G20 Summit has been the inclusion of the African Union as a permanent member of the Group of 20 (G20).