Chennai, Jan 14: Union Minister of Commerce and Industry, Piyush Goyal on Tuesday said that by 2027, India will be the world's third-largest economy, ahead of Japan and Germany.

Addressing the annual meeting of Tamil magazine 'Thuglak' here, Goyal said, "What did Mr Modi do in ten years? He took India from the 11th largest GDP to the fifth-largest GDP."

Further, the minister said that the then Union Finance Minister P Chidambaram in his interim budget of 2014 had predicted that in the next 3 decades, India's nominal GDP would take the country to the third rank, after US and China.

Chidambaram had predicted in 2014, a 30-year duration for India to become the third-largest GDP, he noted.

"What did Mr Modi do? He said I will do it in less than half that time and I assure you friends, by 2027, India will be the world's third-largest economy, ahead of Japan and Germany; in only 13 years and not 30 (years), that is Prime Minister Modi's commitment and courage of conviction," Goyal asserted.

Also, he said as many as 19 nations have conferred PM Modi the highest civilian honour of their countries. Eight are Muslim majority, 10 are Christian majority and one is a Buddhist majority nation and there could be a no better rebuttal to the false narrative that some people try to spread againt India and PM Modi.

"He is the most inclusive leader with true secularism, does not believe in appeasement politics, who believes in Sabka Saath Sabka Vikas," the union minister said.

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Bengaluru, Jan 14: The Karnataka High Court has quashed the criminal proceedings against Kannada actress Ragini Dwivedi in a drug case, saying the prosecution could not substantiate the charges with material evidence.

The bench of Justice Hemant Chandanagoudar also quashed the proceedings against the co-accused Prashant Ranka.

It said, "However, to substantiate the charges against the petitioners, the prosecution has not produced any material evidence to prove that the petitioners organized parties or sold drugs, apart from the voluntary statements of the co-accused and chargesheet witnesses."

"Therefore, the continuation of the criminal proceedings against the petitioners will be an abuse of the legal process of law,” Justice Chandanagoudar observed.

Ragini was among the many celebrities from the Kannada film industry arrested in September 2020.

A case was registered against her at the Cottonpet police station based on a statement by a co-accused B K Ravishankar on September 4, 2020.

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