India Aims to Become World’s Third-Largest Economy: Union Minister Hails 9 Years of Governance under PM Modi

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Union Minister Rajeev Chandrasekhar has praised Prime Minister Narendra Modi’s leadership, stating that India is now aiming to become the world’s third-largest economy. Speaking on Morgan Stanley’s ‘Transformation’ Report on India, the minister said that the country has undergone unprecedented transformation over the past nine years and is now the fastest-growing economy in the world. He further added that the Congress-led UPA government left the economy in tatters in 2014, with 14 quarters of runaway inflation, declining growth, and an economy that had been battered due to corrupt lending practices and NPAs. However, due to PM Modi’s systematic work and determination over the past nine years, India has been rebuilt and is now the pride of the world. Morgan Stanley Research’s report highlights the ten big changes and their implications for India’s economy and market.

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