'Indian economy' will be larger than Germany and Japan in the next three years: CEO of Niti Aayog
New -Delhi, April 18 (IANS). BVR Subhanyam, CEO of Niti Aayog, said the fifth largest economy in the world will catch up “India” in the next three years to become the third largest economy in the world. He further said that the country will be recognized as the second largest economy in the world with the fulfillment of the dream of ‘developed India’ in 2047. Subhanyam said India could become the center of education for the world, as the democratic country makes it different from other countries. He said India will become the fifth to the fourth largest economy by the end of next year, and then the country will speed up its pace of development and get third place. According to the latest estimates of the IMF, India’s real GDP is worth $ 4.3 trillion, reflecting a minor difference from Japan’s $ 4.4 trillion dollars and German $ 4.9 trillion. Niti Aayog CEO Subhanyam has called on all Indian businesses, including legislation and accounting firms, to wake up the desire to lead the world. He described the problems facing countries in the middle of the age as another problems facing low -income countries. He said: “It is not related to the nutrition of the poor and naked, it’s about how you become a knowledge economy.” Subrahmanyam said Japan takes 15,000 Indian nurses and Germany 20,000 health workers. This happens because both of these countries are not of people and that family systems are broken there. He said that India will be a stable provider of working age group in the world, which will be our greatest power. -Ians skt/kr share this story -tags