New Delhi, June 10, 2025.
Prime Minister Narendra Modi has completed 11 years in office, marking major economic milestones—India has emerged as the world’s 4th largest economy, a startup boom from just a few hundred to over 70,000 and the free vaccine drive twice to name a few.
Despite these impressive numbers, India’s GDP per capita remains low, revealing uneven growth across the population. But beneath the surface, the picture might be different.
A recent report by World Bank shows that nearly 27 crore people have risen out of poverty from 2011-12 to 2022-23. The Government of India is also running various wealth redistribution programs in the country.
In the last 11 years of Modi’s governance, the country’s GDP has grown almost three times its size.
According to the IMF’s April 2025 World Economic Outlook report, India’s nominal GDP has reached $4.187 trillion (₹330.68 lakh crore), which is slightly more than Japan’s estimated GDP of $4.186 trillion.
According to the data as released by the National Statistical Office (NSO) of the Ministry of Statistics and Programme Implementation (MoSPI), back in FY15, the country’s GDP had stood at ₹124.45 lakh crore. During the next 10 years till FY25, the economy’s size has nearly tripled in size to ₹330.68 lakh crore.
This achievement of India is due to strong domestic demand, favourable demographic trends, and policy reforms. India’s economy is maintaining an annual growth rate of 6-7%.
