India to see steepest rise in living standard of common man in coming decades: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said India's per capita income will nearly double in the next five years. This growth will improve living standards significantly due to structural reforms. By 2047, as India celebrates 100 years of independence, it will have similarities to developed countries. The banking sector's resilience and focus on quality continue to enhance economic stability.