As the Narendra Modi Government is completing nine years in office this month, Aakashwani News is bringing a series of special stories on the initiatives taken by the government. Today, we take a look at increased size of Indian economy. In the last nine years, the government has taken several big decisions, which have helped speed up the country's growth rate. According to World Bank, India is one of the fastest-growing economies in the world and its overall growth will remain robust.<br />” <br />”Government was very specific from Day – one that growth and development will be their foremost priority. It has taken various steps to boost manufacturing, domestic and foreign investments in India. These include introduction of PLI Schemes in 14 sectors, Goods and Services Tax, GST, reduction in corporate tax, improving ease of doing business and FDI policy reforms. Addressing a function in Hyderabad last year, Prime Minister Narendra Modi had said that today the world is realising that India means business.<br />” <br />”<span style="color: #222222;">Due to the policies of the Narendra Modi government, the country's economy remained strong despite the Corona pandemic. Strong economic growth in the last nine years has helped India overcome the UK to become the fifth-largest economy in the world. The size of the Indian economy has increased from tenth position to fifth position. India has set a target to become a five trillion dollar economy by 2025 and it is projected to become the world's third largest economy in the coming years.</span><br />
9 years of Modi Govt: Size of Indian economy increases from 10th position to 5th position