
Why the finance minister Nirmala Sitharaman said - India now 5th largest economy globally?


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The Finance Minister said that the growth of 7.4% was surpassed in 2014-19 with average inflation of 4.5%. The Central Government debt has been reduced to 48.7% of GDP, which was 52.2% earlier. India is now the fifth-largest economy in the world. Hon'ble Minister also listed out various welfare schemes like affordable housing, direct benefit transfer (DBT) and Ayushman Bharat.
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