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India could be 3rd largest economy by 2026: Arvind Panagariya

IndiaTimes Saturday, 16 December 2023
India has the potential to become a $5 trillion economy and the world's third-largest, ahead of most predictions, according to Arvind Panagariya, professor at Columbia University. Panagariya emphasized that India's GDP growth rate of 10.2% in current dollars will reach $5 trillion in 2026 and $5.5 trillion in 2027. He highlighted the need for India to facilitate the growth of its economic units and take essential steps. Panagariya also discussed India's advantageous position geopolitically and its friendly relations with various countries.
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