India is now the fifth largest economy in the world: Nirmala Sitharaman

NEW DELHI: India is now the fifth largest economy in the world and the central government The debt has been reduced to 48.7 percent of GDP from 52.2 percent in March 2014, Finance Minister Nirmala Sitharaman said Saturday.

In presenting the Union Budget for 2020-21, he said that growth of 7.4% was exceeded in 2014-19 with an average inflation of 4.5%.

Sitharaman also listed several social assistance schemes such as affordable housing, direct benefit (DBT) and.

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