India’s bioeconomy aims to reach $300 billion by 2030: Dr Jitendra Singh Staff Reporter | 14 May, 2025 India’s bioeconomy has seen an exponential rise under the Prime Minister Narendra Modi government -- from $10 billion in 2014 to $165.7 billion in 2024 -- and aims to reach $300 billion by 2030, Union Minister Dr. Jitendra Singh said on Wednesday.
While Pakistan has threatened to respond forcefully to India's attack on terrorist infrastructure in the neighbouring country, the stark economic contrast between the two countries also bears testimony to the disparate paths that the two neighbours have been pursuing since they became independent from British rule.
India is poised to become the world’s fourth-largest economy in 2025 with the country’s nominal GDP rising to $4,187.017 billion during the year to surpass Japan’s GDP pegged at $4,186.431 billion, according to the IMF’s World Economic Outlook report.
Emerging markets have shown strong resilience through recent crises by building strong monetary policy frameworks and committing to inflation targeting, IMF chief economist Gita Gopinath said on Sunday.
The provisional payroll data of the Employees’ State Insurance Corporation (ESIC) released on Friday shows that 15.43 lakh new employees have been added during February this year.
