India as the world's fourth largest economy: What the numbers tell us

According to the latest projections by the IMF, India is now the world’s fourth-largest economy. Government officials, including the CEO of NITI Aayog B.V.R. Subrahmanyam, have expressed confidence that India could soon overtake Germany to claim the third spot. Adding to the optimism, the World Bank recently reported that extreme poverty in the country fell to 5.3% in 2022–2023. A recent report by SBI noted that the poverty rate in India could now be in the range of 4%.  But what do these numbers mean for the broader population? Guest: Partha Chatterjee, Dean of Academics at Shiv Nadar University, Delhi-NCR, and Professor, Department of Economics, Shiv Nadar University. Host: Nivedita V Edited by Jude Francis Weston Learn more about your ad choices. Visit megaphone.fm/adchoices