"India's Economic Growth Projections: A $7 Trillion Aspiration by 2030"

India's finance ministry projects the country to become the world's third-largest economy by 2027 with a GDP of $5 trillion, driven by robust domestic demand and government reforms. The economy is expected to grow at or above 7% in fiscal year 2024, marking the third consecutive year of such growth. India's chief economic advisor aims for the country to become a developed nation by 2047. The interim budget, to be presented this week, is not anticipated to include major changes to spending or tax policies. Stock market optimism and hopes for further policy continuity are contributing to India's positive economic outlook.