India to emerge third-largest economy of world by 2029

September 6, 2022

India to emerge third-largest economy of world by 2029: As per the report of State Bank of India (Economic Research Department), the India is set to become the third largest economy in the world by 2029.

September 2022 Current Affairs Quiz

India will surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth. The country has undergone a large structural shift since 2014 and is now the 5th largest economy overtaking the United Kingdom. The report is authored by Soumya Kanti Ghosh, group chief economic adviser, SBI.