Jun 12, 2023
Finance Ministry, on Monday, released data highlighting the achievements of the Modi government over the past nine years. Here are the notable milestones of the government between 2014-2023.
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India's GDP has reached $3.75 trillion in 2023, from around $2 trillion in 2014. Indian economy moved from the position of being the 10th largest economy to the fifth largest economy globally by 2023. India is now being called a bright spot in the global economy, the Finance Ministry said.
Credit: Times Now Digital
India's digital payments touched new heights rising a whopping 65.5 per cent over the past nine years. India's digital payments ecosystem has grown from Rs 84 lakh crore in 2013-14 to Rs 139 crore in 2022-23.
Credit: Times Now Digital
Rising GST collections are a testament to the government's vision of 'One Nation One Tax'. Through GST, indirect taxation has been streamlined for consumers and the compliance burden has been reduced for enterprises - the Finance Ministry said.
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A massive increase in e-way bill collections has been recorded over the year gone by. From 601.8 lakh e-way bills in FY 2021, the number touched 706.3 lakh in FY 2022.
Credit: Times Now Digital
India is now the third-largest startup ecosystem in the world, the Finance Ministry said in its data released on Monday.
Credit: Times Now Digital
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