{"id":2826,"date":"2024-06-13T23:58:05","date_gmt":"2024-06-13T23:58:05","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2826"},"modified":"2024-06-13T23:58:05","modified_gmt":"2024-06-13T23:58:05","slug":"india-will-be-third-largest-economy-by-2027-28-piyushgoyal-read-more-at","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/india-will-be-third-largest-economy-by-2027-28-piyushgoyal-read-more-at\/","title":{"rendered":"India will be third largest economy by 2027-28: Piyush\nGoyal&#8230; Read more at"},"content":{"rendered":"<p>In a recent address to the <a href=\"https:\/\/exam.pscnotes.com\/indian-diaspora\">Indian Diaspora<\/a> community in France, Union Minister Piyush Goyal announced that India is set to become the third-largest <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a> in the world by 2027. Currently the fifth-largest economy, India has been experiencing an <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> annual <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> rate of around 7% over the last decade, driven by factors such as a growing middle class and a focus on innovation and <\/p>\n<p>Goyal cited the countrys export performance, which reached USD 750 billion in the 75th year of independence, as evidence of Indias upward trajectory.<\/p>\n<p>He also highlighted Indias role as a global pharmacy, food bowl and trusted partner, with the world looking to Prime Minister Modis <a href=\"https:\/\/exam.pscnotes.com\/leadership\">Leadership<\/a> to tackle current global challenges.<\/p>\n<p>Goyal affirmed Indias commitment to its <a href=\"https:\/\/exam.pscnotes.com\/partnership\">PARTNERSHIP<\/a> with France, and called on the Indian diaspora to play a crucial role in furthering this partnership<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent address to the Indian Diaspora community in France, Union Minister Piyush Goyal announced that India is set to become the third-largest economy in the world by 2027. Currently the fifth-largest economy, India has been experiencing an Average annual Growth rate of around 7% over the last decade, driven by factors such as &#8230; <a title=\"India will be third largest economy by 2027-28: Piyush\nGoyal&#8230; Read more at\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/india-will-be-third-largest-economy-by-2027-28-piyushgoyal-read-more-at\/\" aria-label=\"Read more about India will be third largest economy by 2027-28: Piyush\nGoyal&#8230; Read more at\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[728],"class_list":["post-2826","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-09-10-04-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India will be third largest economy by 2027-28: Piyush Goyal... 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