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News Topical, Digital Desk : India has overtaken Japan to become the world's fourth-largest economy with a nominal GDP of $4.8 trillion, according to the India Progress Report 2025-26 released by the NXT Foundation. With a growth rate of 8.2 percent, it remains the world's fastest-growing economy and will soon become the world's third-largest by GDP.

GST collection at record level

The report said that India achieved rapid economic and technological growth during the year, achieving 101 major milestones in the areas of digital public infrastructure, highways, railways, space and renewable energy, which is moving the country towards its goal of becoming a developed nation.
According to the report, several high-frequency indicators are showing the strong economic condition of the country. GST collection reached a record Rs 2.17 lakh crore in April 2025.

Mutual fund industry's AUM crosses ₹80 lakh crore

Meanwhile, the AUM of India's mutual fund industry has surpassed ₹80 lakh crore. Foreign direct investment (FDI) in the country has also surpassed $1.15 trillion, demonstrating investor confidence.
India's development of digital public infrastructure is being adopted by other countries. This is evident in monthly transactions through UPI, which have exceeded ₹21 lakh crore, while Aadhaar authentication has exceeded one billion. This has expanded financial inclusion in the country and strengthened the delivery of government services to the poor in a transparent manner, directly into the accounts of beneficiaries.

What other achievements are there?

In the area of ​​infrastructure and connectivity, major achievements include the construction of the world's highest railway arch bridge, the Chenab Rail Bridge, and the continued expansion of the Vande Bharat Rail network, which has increased high-speed rail connectivity. Additionally, the country has expanded its national highways and logistics network, improving supply chains and reducing transportation costs.
India has made significant progress in achieving renewable energy targets in the fight against climate change. Driven by strong growth in solar, hydroelectric, and wind power, the country's share of non-fossil fuel power capacity has reached 50 percent, five years ahead of the 2030 target.
The report states that these achievements demonstrate that the country is becoming a key driver of global growth in the new world order.


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