India has officially surpassed Japan to become the 4th largest economy in the world, based on the latest IMF data, as confirmed by NITI Aayog. This marks a major milestone in India's economic journey and reflects years of reforms, digital innovation, and global positioning.
🔍 In this video, we explain:
How India overtook Japan in nominal GDP
The key reforms and factors behind India's rise (GST, digital payments, young population, booming exports)
Why Japan's economy is slowing down
What this ranking means for India globally
The difference between nominal GDP and real development
Challenges India still faces (inequality, inflation, unemployment)
Future projection: Can India beat Germany next?
📈 Top Economies by Nominal GDP (2024):
United States
China
Germany
India ✅
Japan
This video is a must-watch for anyone following India's economic rise, geopolitics, or global markets.
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