India’s creditable economic performance is evident by “its leapfrog from the 10th to the 5th largest economy in a matter of five years”, the FM said.

Union Finance Minister Nirmala Sitharaman on Friday said India would achieve near doubling of per capita income in the next five years.

Finance minister Nirmala Sitharaman projects a significant rise in living standards for Indians in the coming decades, owing to a predominantly young population and a rising middle class. She emphasizes fiscal discipline,

At the Kautilya Economic Conclave, Finance Minister Nirmala Sitharaman pointed out that it took India 75 years to reach a per capita income of $2,730, but the next increase is expected to happen much quicker.