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India’s growth story: FM Sitharaman says nation on track to be world’s third-largest economy; dismisses fears over bank privatisation

India is poised to become the world’s third-largest economy soon, according to Finance Minister Nirmala Sitharaman. She highlighted the nation’s rapid economic transformation, fiscal discipline, and resilience, noting a significant reduction in multidimensional poverty. Sitharaman also expressed confidence in the banking sector’s recovery and the government’s fiscal deficit targets, while defending bank privatization.

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