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Key Points

5 points
1

India will always stand firmly with Sri Lanka whenever it faces a crisis.

2

The national economy grew from about USD 2 trillion in 2014 to roughly USD 4 trillion today.

3

India is now the world’s second‑largest mobile phone producer, with over 300 factories.

4

Defence exports increased from roughly Rs 600 crore to about Rs 39,000 crore.

5

Approximately 250 million people have moved out of poverty, and social‑security beneficiaries grew from 250 million to 950 million.

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Summary

India’s economy has doubled in the past decade, with significant growth in electronics, mobile manufacturing, and defence exports.

Large numbers of Indians have been lifted out of poverty, and social security coverage has expanded dramatically.

India’s trade agreements and digital infrastructure are positioning the country as a global technology and manufacturing hub.

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New Words to Learn

13 words
defence
protecting a country
economy
all the money and jobs in a country
inflation
when prices go up
unicorn
a very new and fast‑growing company
digital
using computers and the internet
electrification
changing trains to run on electricity
beneficiary
someone who receives help
infrastructure
roads, bridges, and other things that help a country work
trade agreement
a deal between countries to buy and sell things
self‑reliant
able to make things on its own
direct benefit transfer
money given straight to people’s bank accounts
Goods and Services Tax
a single tax that replaces many different taxes
Unified Payments Interface
a system that lets people pay using their phones
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