When US President Donald Trump labeled India’s economy as “dead,” his statements were not just politically offensive; they were also entirely detached from economic fact. Trump’s post, which appeared to criticize India’s developing connections with Russia, described the world’s fourth-largest economy as lifeless. That’s not only incorrect; it’s ludicrous. India is not a dead economy. It is a dynamic, developing, and more important driver of global growth. Facts speak louder than any post or comment.
Furthermore, Rahul Gandhi’s support for such a statement demonstrated that Congress is uninterested in India’s progress and prefers to fight anything that is making the nation great again only because Congress despises PM Modi and his “Nation First” stance. If Rahul is serious about the nation’s prosperity, he would have asked tough questions to Congress-ruled Prime Ministers when the economy was only 1.7 trillion dollars in the first 67 years. Actually, Rahul should have praised PM Modi for boosting the fragile economy to 4.1 trillion dollars in just 11 years.
How is the Indian economy progressing?
The Indian economy continues to grow steadily and confidently, making it the world’s fastest growing major economy. The larger economic picture is one of resilience and balance, bolstered by solid domestic demand, lower inflation, stable capital markets, and expanding exports. Key indicators, such as record foreign exchange reserves, a manageable current account deficit, and rising foreign investment, demonstrate growing global confidence in India’s long-term prospects. Together, these indicators indicate that the economy is not just increasing, but also growing strongly across sectors.
Foreign Exchange Reserves: India’s foreign exchange reserves was at USD 697.9 billion as of June 20, 2025. These reserves are sufficient to cover more than 11 months of goods imports, providing a safety net in the event of global shocks. This means that even if exports stall, India has enough foreign currency to cover crucial imports. At the same time, external debt remains small, accounting for 19.1% of GDP as of March 2025. These data demonstrate that India’s financial situation with the rest of the globe is strong and stable.
India has officially surpassed Japan to become the world’s fourth largest economy, with a nominal GDP of $4.19 trillion (May 2025). By 2027, it is expected to surpass Germany ($4.8 trillion) and become the world’s third-largest economy. In PPP terms, it already has a GDP (PPP) of $17.8 trillion. With this economic leap, India is no longer a “developing nation” in global negotiations; it now deserves a position at the top table. India’s electronics exports exceeded $23 billion in FY24, a 400 per cent increase in five years.
This trend immediately threatens China’s monopoly and causes economic discomfort in the United States and the West, as India increasingly promotes itself as the world’s “China Plus One” manufacturing alternative. The results have been striking. India has been adding 10,000 kilometers of highway each year. Since 2014, the number of Indian airports has increased, and an enhanced train system will include new high-efficiency “freight corridors” that connect India’s economic centers.
UPI is disrupting the global financial infrastructure: India’s Unified Payments Interface (UPI) is the world’s most advanced digital payment system, with over 12 billion transactions each month (2025). UPI has surpassed Mastercard and Visa in India and is currently being embraced in Singapore, France, the UAE, and Sri Lanka. This is challenging the Western monopoly on global payment rails. Unlike SWIFT, UPI is instant, free, and universal—89% of Indian adults have a bank account today. The US is concerned because India is establishing a new global standard for financial inclusion, digital identification (Aadhaar), and e-governance that is both scalable and sovereign.
India is losing its status as the world’s largest weaponry importer. By end of 2025, 65% of its defence procurement will be indigenous, thanks to programs such as ‘Make in India Defence’ and private-public collaborations. India’s financial markets are performing better than ever before. With China’s potential shrinking, investors seek alternatives, and India comes closest. The MSCI India Index has increased by 12 per cent this year, compared to 2 per cent for the MSCI Emerging Markets Index. Bank balance sheets are healthier, and credit markets are working properly. It’s telling that several Indian banks are valued higher than their US counterparts.
Manufacturing, services, and infrastructure are all thriving, thanks to sustained investment and policy attention. External dangers remain, but India’s fundamentals are strong. As the global economy faces new difficulties, India’s continuous success provides reassurance that it is well-positioned to take the lead and continue to build a stronger, more inclusive future.
How is America doing economically?
America has numerous issues, including rising inequality, overpriced healthcare, climate change, educational affordability, and unpredictable security threats. To meet these issues, America will require enormous resources. Every dollar spent on interest payments reduces the resources available for investing in a stronger, more resilient future. From 2005 to 2025, the US national debt grew from $7.9 trillion to more than $36.4 trillion, representing a more than 360% increase with nothing productive to show.
Here is the short story: Manufacturing is outsourced. Eight conflicts in twenty years. Interest payments currently exceed the Pentagon budget. The United States’ debt is presently 123% of GDP.
What is Tariff War?
Trump wants India to expand its agricultural market. That implies American corporations should sell genetically modified seeds, hormone-laden milk, and processed meat in India. India denied, citing concerns about farmers, indigenous brands, and public health. In exchange, Trump levied a 25% tax on India, resulting in a trade war.
What has the Modi government done?
PM Modi rejected American pressure. GM food will not work; the safety of farmers and consumers is paramount. India will establish its own policy, not America. What if America was allowed to join agriculture? Farmers must acquire pricey foreign seeds each year. Stop conserving seeds and hand up agricultural authority to foreign firms. Companies, not farmers, decide what to sow and what price to sell. For the general public: Genetically modified foods, hormones, and chemicals in food pose a health risk. Prices are cheap at first, but rise dramatically later, when local businesses cease to exist. Traditional grains, vegetables, and foods will gradually disappear.
Why is importing Russian oil important?
Trump has initiated an economic pressure campaign against countries that continue to deal with Russia, citing tariffs and penalties as leverage to compel an end to the conflict in Ukraine. According to ANI sources, neither the United States nor the European Union have ever sanctioned Russian oil outright. Instead, the G7 and EU implemented a price-cap mechanism to limit Moscow’s income while allowing petroleum to flow into global markets. India has followed this approach, keeping all purchases under the ceiling — now $60 per barrel — while assuring reasonable energy supply. According to the same sources, India’s strategy helped avoid a worse crisis: “Had India not absorbed discounted Russian crude combined with OPEC+ production cuts of 5.86 mb/d, global oil prices could have surged well beyond the March 2022 peak of US $137/bbl, intensifying inflationary pressures worldwide.” Regarding Pakistan’s oil reserves, the immature and wrong statement made by the US president has devalued his position. The inferiority issue should not make a President appear small and insignificant.
India’s economic performance during the last year reflects not only development, but also a greater feeling of stability and purpose. With real GDP increasing by 6.5% and inflation falling to its lowest level in years, the country has demonstrated that it can reconcile expansion and price stability. At the same time, strong capital market activity, record export levels, and healthy foreign exchange reserves indicate rising confidence both domestically and internationally.
Rather than succumb to America’s pressure tactics, let us back the Modi government and its initiatives. The most important policy is “Self-reliant India.” We should choose to buy Indian-made products and encourage enterprises and young people to build manufacturing capabilities in all sectors. We may experience opposition from the Western world at first, but in the long run, we will emerge victorious, creating a better and more peaceful world.
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