The International Monetary Fund (IMF) in its World Economic Outlook for April 2026 noted India’s nominal GDP at USD 3.92 trillion for 2025-26, which makes India the sixth-largest economy in the world, Parliament was informed on Tuesday.
“The IMF’s rankings are based on nominal GDP measured at prevailing US Dollar exchange rates. Consequently, the relative ranking of economies can change due to a combination of factors, including economic growth, movements in exchange rates and prices, revisions to national accounts and changes in the size and growth of other major economies,” Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.
The government has adopted a broad-based strategy to enhance the growth potential of the Indian economy, he said.
The strategy focuses on enhancing agricultural productivity, promoting manufacturing through initiatives such as the Production-Linked Incentive Schemes and relaxing Quality Control Orders, strengthening MSMEs
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