JAISALMER, RAJASTHAN – Vice President Jagdeep Dhankhar, in a recent address, highlighted the remarkable economic progress India has made over the years. He emphasized that India is now the 5th largest economy in the world, a significant leap from a few years ago when the economy was a matter of concern.
“Our nation is moving forward on the path of unprecedented progress,” Dhankhar said, reflecting on the country’s economic journey. “Today, India stands as the 5th biggest economy in the world, a testament to our resilience and determination.”
Dhankhar also drew attention to a critical moment in India’s history 34 years ago when the nation’s gold was mortgaged to ensure national safety. This was a time when India’s foreign exchange reserves were low, posing a significant challenge to the country’s economic stability.
“34 years ago, the gold of the nation was mortgaged to keep the nation safe. Our foreign exchange was low then,” he recalled.
However, the Vice President proudly noted the stark contrast between the past and the present. Today, India’s foreign exchange reserves are not just stable but increasing by billions every week, indicating a robust and thriving economy.
“Today, our foreign exchange increases by billions in a week,” Dhankhar stated, underscoring the strength of India’s economy.
The Vice President’s remarks serve as a reminder of India’s economic transformation over the years. From a time of economic concern to becoming the world’s 5th largest economy, India’s journey is indeed a testament to its resilience and potential for growth.
As India continues to make strides on its path of economic progress, the nation looks forward to achieving even greater milestones in the future.