'No Magic in it': Chidambaram Says India Will Be World's 3rd Largest Economy, Regardless of PM

Brief by Shorts91 Newsdesk / 05:18pm on 28 Apr 2024,Sunday Politics

Former Finance Minister Chidambaram asserts India's inevitability as the world's third largest economy, regardless of the Prime Minister. Dismissing it as not magic but simple math, he points to India's vast population. While he doesn't provide a timeline, Chidambaram stresses India's economic trajectory due to its sheer size. He also underscores the importance of per capita income over GDP, noting India's low global ranking. This stance challenges political rhetoric and emphasizes economic fundamentals in India's growth story.            

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