Business

India’s GDP Doubles In A Decade, Economists Credit Digitization; Reforms, And Financial Inclusion

India has experienced a remarkable economic transformation over the past decade, with its GDP doubling from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025.

This surge in economic growth is attributed to several key factors, including digitization, financial inclusion, and the implementation of crucial reforms, according to economists.

The data, cited by BJP leader Amit Malviya from the International Monetary Fund (IMF), highlights India’s rapid economic expansion.

Economists Praise Modi’s Leadership And Economic Reforms

Pankaj Jaiswal, an economist, praised India’s significant growth during the last ten years, emphasizing the acceleration of the country’s economy since Prime Minister Narendra Modi assumed office.

“India has experienced rapid economic growth under Prime Minister Modi’s leadership,” Jaiswal noted.

GDP Policy Reforms Fueling Growth Across Sectors

Sharad Kohli, another economist, credited the BJP-led government’s policy reforms for the accelerated pace of India’s growth.

Also Read: India’s Textile Exports See Growth; Strengthens Its Global Position

“This growth is the outcome of comprehensive reforms and policies across various sectors, such as agriculture, fintech, governance, manufacturing, and infrastructure,” Kohli explained.

These reforms have played a vital role in fostering a conducive environment for economic development.

India Achieves Unmatched Economic Growth

Earlier in the day, BJP leader Amit Malviya took to the micro-blogging site X to highlight the IMF data, celebrating India’s exceptional economic achievement.

Malviya notes that no major global economy has matched India’s 105 percent GDP growth over the past decade.

“India has reached an extraordinary milestone with its GDP doubling from USD 2.1 trillion in 2015 to USD 4.3 trillion in 2025,” he posted.

Comparing India’s GDP Growth To Other Major Economies

Malviya also compared India’s growth to other global superpowers, noting that China, often considered Asia’s economic powerhouse, saw a 76 percent increase in GDP over the same period.

Meanwhile, Germany’s GDP grew by 44 percent, highlighting India’s exceptional performance in comparison to other major economies.

The significant growth of India’s GDP over the past decade underscores the success of its economic policies and reforms, solidifying its position as a global economic force.

Richa Kaushik

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