India will be 3rd largest economy in my third term: PM Modi

India will be 3rd largest economy in my third term: PM Modi

Prime Minister Narendra Modi assured that the country will emerge as the third largest economy in the world in coming years.

“I guarantee you, India will emerge as the third largest economy in the world in my third term,” Modi said at the ET Now Global Business Summit organised by The Times Group in New Delhi.

He adds, “You must also be prepared. In our third term, more big decisions are going to be taken. To remove India’s poverty and to give a new direction to India’s growth, I have been preparing new schemes for the last one and a half years. I am preparing a detailed roadmap for this. This will be finalised in the next 20-30 days.”

India, which is the world’s fastest-growing large economy, is currently the fifth largest in the world in terms of purchasing power parity.

Video Courtesy: ET Now Global Business Summit & PMO India