Nirmala Sitharaman, India’s Finance Minister, stated today that India has moved from being the 10th-largest economy in 2014 to the 5th as of now, and is on track to become the 3rd largest in the near future. Speaking at a policy event, she highlighted rapid economic growth, structural reforms and demographic advantages. The government aims to build on this momentum by strengthening research, manufacturing and global trade linkages while aiming for its “Viksit Bharat 2047” goal.