India’s gross domestic product is projected to reach about $5.1 trillion in 2028-29 (FY29), according to an IMF estimate cited by Finance Minister Nirmala Sitharaman. Speaking in a written reply in the Rajya Sabha, Sitharaman referred to the IMF’s World Economic Outlook database (April 2026). The projection is for India’s GDP measured at current prices, which would place the economy above the $5-trillion mark by FY29. The outlets reporting the statement focus on the same figure and attribution, noting that the IMF data underpin the minister’s claim. Overall, the reports present the estimate as a forecast contained in the IMF’s published outlook, with the finance minister highlighting it as evidence of expected growth in the size of India’s economy when measured in current dollar terms. The statements do not provide additional details on sectoral drivers or policy actions, and they rely primarily on the IMF’s forecast for the relevant fiscal year.
India’s GDP projected to reach about $5.1 trillion by FY29, Sitharaman says
India’s gross domestic product is projected to reach about $5.1 trillion in 2028-29 (FY29), according to an IMF estimate cited by Finance Minister Nirmala Sitharaman. Speaking in a written reply in th...
- Finance Minister Nirmala Sitharaman cites an IMF projection for India’s GDP at current prices.
- IMF World Economic Outlook (April 2026) is referenced in her Rajya Sabha written reply.
- India’s GDP is projected at about $5.1 trillion in 2028-29 (FY29).
- The projection implies India’s economy will exceed the $5-trillion mark by FY29.
As per the World Economic Outlook database (April 2026) published by the IMF, India’s GDP at current prices is projected to be around $5.1 trillion by 2028-29, Nirmala Sitharaman said in a written reply in the Rajya Sabha
3 hours agoIndia’s GDP at current prices is projected to be around USD 5.1 trillion by 2028-29
4 hours agoIndia’s GDP at current prices is projected to be around USD 5.1 trillion by 2028-29
4 hours ago
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