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India’s Economic Surge: Set to Surpass Japan by 2025

India’s Economic Leap: Overtake Japan by 2025
  • IMF predicts India’s economy to surpass Japan’s nominal GDP by 2025.
  • India will become the fourth-largest global economy with a GDP of $4.34 trillion.
  • Growth driven by robust capital spending and resilient domestic demand.
  • Government’s emphasis on capital expenditure is driving the rise.
  • Issues like inflation and unemployment prompt debates on Prime Minister Narendra Modi’s economic strategies.
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