India overtakes Japan to become fourth-largest economy: Niti Aayog

India has overtaken Japan to become the world's 4th largest economy, with a GDP of $4 trillion. NITI Aayog projects India will become the 3rd largest economy in the next 2-3 years, surpassing Germany. Factors contributing to this growth include infrastructure development, Make in India initiative, GST implementation, and fiscal discipline during the COVID-19 pandemic. The country has reduced extreme poverty to less than 5% and is poised for rapid growth.