Overall geopolitical and economic environment is favourable for India, which is a $4-trillion economy now, he said briefing reporters after the 10th governing council meeting of the Aayog.
"It is only US, China, Germany, which are larger than India and if we stick to what is being planned and what is being thought through, in 2.5-3 years, we will be the third largest economy," Subrahmanyam said citing data from the International Monetary Fund (IMF).
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