At the Kautilya Economic Conclave, Finance Minister Nirmala Sitharaman pointed out that it took India 75 years to reach a per capita income of $2,730, but the next increase is expected to happen much quicker.

India’s creditable economic performance is evident by “its leapfrog from the 10th to the 5th largest economy in a matter of five years”, the FM said.

Finance Minister Nirmala Sitharaman highlighted that India is well on track to double its per capita income within a few years, largely driven by economic and structural reforms implemented over the past decade.

Finance minister Nirmala Sitharaman projects a significant rise in living standards for Indians in the coming decades, owing to a predominantly young population and a rising middle class. She emphasizes fiscal discipline,