Archive · 20 Jun 2025
Modi Government Awakened India's Economic Potential
Imagine India was like a superhero who forgot how strong they were.
Under Modi's government, it's like someone reminded them of their power!
According to an expert, this is similar to a story from the Ramayan, where a character realized their true power.
Because of this, people now trust India's economy more.
This means India can borrow money at better rates.
India's economy has become huge, and it's growing fast.
More businesses are starting, and India is becoming a leader in areas like digital finance.
Nilesh Shah compares India's economic transformation to Hanuman's story.
Shah credits the Modi government with reminding India of its economic potential.
The gap between Indian and US government borrowing rates has decreased.
India's nominal GDP nearly tripled between 2014-15 and 2024-25.
India is the world's fourth-largest and fastest-growing economy.
- Who
- Nilesh Shah discusses India's economic transformation.
- What
- India's economic rise and the Modi government's role.
- When
- Over the past decade, particularly since 2014.
- Where
- India.
- Why
- To highlight India's economic growth and the contributing factors.
- GDP (2014-15)
- Rs 106.57 lakh crore
- Estimated GDP (2024-25)
- Rs 331.03 lakh crore
- India's economic growth rate (2024-25)
- 6.5%
- Premium over US borrowing rates (2014)
- Over 6%
- Premium over US borrowing rates (Current)
- Under 2%