*_🇮🇳 India Becomes 4th-Largest Economy – Key Points (May 2025)_* **1️⃣ India surpasses Japan in GDP** India's GDP is now **\$4.187 trillion**, overtaking Japan's **\$4.186 trillion**, making it the **4th-largest economy globally**. 📌 *Source:* NITI Aayog CEO B.V.R. Subrahmanyam **2️⃣ Announcement at NITI Aayog Meeting** The announcement came after the **10th NITI Aayog Governing Council meeting** in New Delhi, chaired by **Prime Minister Narendra Modi**. **3️⃣ IMF Prediction** According to the **IMF’s April 2025 World Economic Outlook**, India is projected to surpass **Germany by 2028** and become the **3rd-largest economy** globally. **4️⃣ India's Economic Growth Rate** India’s GDP is projected to grow at **6.2%–6.3% annually** until **2026–27**, reflecting **strong and stable economic momentum**. **5️⃣ Per Capita Income Gap** Despite overall GDP growth, India’s **per capita income** stands at **\$2,880**, far below Japan’s **\$33,960**, showing **wealth distribution disparity**. *_🌍 Top 5 Economies – 2025 (IMF Data):_* **1. USA** – \$30.51 trillion **2. China** – \$19.23 trillion **3. Germany** – \$4.74 trillion **4. India** – \$4.19 trillion **5. Japan** – \$4.19 trillion **6️⃣ Strategic Implication** India’s economic ascent indicates **growing global influence**, higher **FDI attraction**, and a stronger role in **geopolitical and trade diplomacy**. ### 📌 UPSC Relevance: * **GS Paper 3** – Indian Economy * **GS Paper 2** – Governance & International Relations * **Essay / Interview** – India’s Economic Rise & Global Positioning *_#examlife_*