Modi's 2025 Economic Shift: India Soars, Becomes 4th Largest Economy, Outpaces G7

Opinion
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News18•01-01-2026, 16:42
Modi's 2025 Economic Shift: India Soars, Becomes 4th Largest Economy, Outpaces G7
- •India's GDP grew 8.2% in Q2FY26, becoming the fastest-growing major economy and surpassing Japan as the 4th largest globally.
- •Bold reforms in 2025 included 100% FDI liberalization in insurance, the Securities Markets Code Bill, and a simplified tax system with a new Income Tax Act and GST 2.0.
- •Poverty significantly reduced, with MPI declining and 269 million lifted from extreme poverty; industrial production and MSME support saw strong growth.
- •Strategic initiatives like ONDC democratized e-commerce, while legal reforms, banking health, and nuclear sector modernization boosted economic resilience.
- •Modi's vision led to major FTAs, infrastructure growth, and welfare schemes, solidifying India's position as a global innovation and R&D hub.
Why It Matters: Modi's 2025 reforms propelled India to global economic leadership with unprecedented growth and welfare.
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