Indian economy news in hindi: The political fierce political fierce has intensified since US President Donald Trump described the Indian economy as ‘dead economy’ (dead economy). While the government is calling it baseless, the opposition is an attacker on the government. The latest estimates of the International Monetary Fund (IMF) and the statement of Union Commerce Minister Piyush Goyal add a new dimension to this debate. Let’s know the current status of India’s economy in the light of the statements of various politicians and institutions. ALSO READ: Trump administration’s ‘statements with statements’: US Finance Minister said- ‘India is not a global actor’, called Pakistan!
IMF’s latest estimate: India becomes ‘bright spot’
According to the IMF analysis, India still remains the fastest growing major economy in the world despite the global recession. The International Monetary Fund (IMF) has estimated India’s economic growth rate to be 6.4% for both 2025 and 2026 years according to the World Economic Outlook released in July 2025.
According to the IMF, despite the global recession and the sluggish growth of countries such as the US-China, India remains in the world’s fastest growing large economy. This estimate is due to strong domestic consumption, ongoing reforms and public investment. In April 2025, IMF estimated 6.2%, which has now been increased to 6.4% – that is, India’s economy remains relatively stability and better speed. The IMF says that by 2027-28 India can become the third largest economy in the world.
Piyush Goyal’s retaliation: India will soon become the third largest economy
Union Commerce Minister Piyush Goyal has given a befitting reply to US President Donald Trump to impose 25% tariff on India and ‘Dead Economy’. He said in Parliament that India will soon become the third largest economy in the world according to the size of GDP. Goyal emphasized that currently India is the fastest growing economy in the world. He also stated that India has become the 5th largest economy from the 11th largest economy in a few years, which is a clear proof of the country’s economic progress.
Goyal made it clear that India will completely protect its national interests during any trade agreement and is committed to the protection of the interests of its farmers, workers and small entrepreneurs. The government is also closely studying the effects of the US tariff declaration. Goyal insisted on moving forward with the ‘India First’ policy and said that India will only be involved in the international trade agreements that will be in the interest of the country. ALSO READ: India’s shock of $ 7 billion with tariff war? Learn what will be the effect on the economy and your pocket!
Opposition attack: From ‘Dead Economy’ to challenges While the government and international financial institutions are describing India’s economy as strong, Congress leader Rahul Gandhi and other opposition leaders are constantly attackers on the government.
Rahul Gandhi (Congress): Supporting US President Trump’s ‘Dead Economy’ statement, Leader of Opposition in the Lok Sabha Rahul Gandhi said, “Except the Prime Minister and Finance Minister, everyone knows that the Indian economy is dead.” He lashed out at the government’s economic policies citing unemployment, inflation, the condition of farmers, the plight of MSMEs, and social inequalities.
Rajiv Shukla (Congress): Unlike Rahul Gandhi’s statement, senior Congress leader Rajiv Shukla said that India’s economy is not ‘dead’ and Trump is living in ‘misunderstanding’.
Priyanka Chaturvedi (Shiv Sena, Uddhav Balasaheb Thackeray faction): Priyanka Chaturvedi described the statement of the US President as ‘ego and ignorance’. He admitted that India had economic challenges, but clarified that economic challenges are not the same as a dead economy.
Shashi Tharoor (Congress): Congress MP Shashi Tharoor described US President Donald Trump’s decision to impose 25% tariff on India as ‘very serious’. He said that this could affect India’s business relations with America. Tharoor said that 25% tariffs, as well as vague punishment for purchasing oil and gas from Russia, can carry the effective rate of 35-45%, and 100% punishment is also being talked about, making our trade with the US “completely destroyed”.
However, Tharoor also emphasized that India should oppose unfair American demands, as India is not completely dependent on exports like China and we have a strong domestic market. He said that India will have to give priority to its national interests.
Truth in statistics and statements: Where is the Indian economy standing?
International institutions like IMF, World Bank are reporting India’s growth rate between 6.4–6.7%-which is the fastest among all major economies. The IMF has clarified that India’s stable and fast growth has been possible due to public investment, domestic demand and reforms. Among the challenges that the opposition is citing, jobs, inflation, inequality, and agricultural sector problems are important, which require overall improvement.
According to the latest estimates of most international agencies, including the IMF, India still remains the fastest growing major economy in the global recession. The government’s focus is on structural reforms and investment. At the same time, the opposition is not exposing the benefits of economic development to the general public and highlighting the problems of inequality and energy. This rhetoric can become a major issue in the upcoming elections, where both figures and ground reality will be debated.
Edited by: Nrapendra Gupta
