India Surpasses Japan, Becomes World's 4th Largest Economy; Aims for Top 3 by 2030

• India has officially become the world's fourth-largest economy, surpassing Japan, with its GDP crossing $4.18 trillion.
• The government aims for India to overtake Germany by 2030, positioning it as the world's third-largest economic superpower.
• Rapid growth, including an 8.2% GDP increase in Q2 FY25-26, is primarily fueled by strong domestic demand and private consumption, indicating a 'Goldilocks period'.
• International bodies like Moody's and the World Bank project India to remain the fastest-growing G-20 economy, with consistent growth rates.
• For the common person, this growth translates to more job opportunities, easier access to loans, increased per capita income, and improved public services.

Why It Matters: India's economic surge to 4th globally promises more jobs, better services, and a higher standard of living for citizens.