Now Reading: India’s GDP now $3.9 trillion, literacy 80% since 1947
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India’s GDP now $3.9 trillion, literacy 80% since 1947
Livemint reports that India's nominal GDP has hit $3.92 trillion for 2025-26, the IMF projects, making it the sixth-largest economy, as Parliament was told this week. At independence, GDP was roughly ₹2.7…
The Story in Brief
Livemint reports that India's nominal GDP has hit $3.92 trillion for 2025-26, the IMF projects, making it the sixth-largest economy, as Parliament was told this week. At independence, GDP was roughly ₹2.7 lakh crore. Literacy has climbed from 18% in 1951 to 80.9% now. Life expectancy has more than doubled from 31 to 72 years. The under-five mortality rate fell from 127 per 1,000 live births in 1990 to 27 in 2024. The Union Budget for 2026-27 is ₹53.5 lakh crore, compared with ₹197 crore in 1947. Electricity now reaches 99.5% of the population. Yet GDP per capita stands at just $2,813, highlighting persistent inequality.
The Indian Opinion
The headline numbers are impressive, but per capita income of $2,813 and rural literacy of 77% are sobering. The story of India's rise often ignores persistent inequality. The real test will be whether the next census shows faster poverty reduction and job growth in lagging states.
Source: livemint.com
This story was synthesised by AI from the source linked above.
