Finance Minister Nirmala Sitharaman, announcing the Union Budget for 2019-20 in Parliament on Friday, said India will become a $3 trillion economy this year. "It is now the sixth largest economy Five years ago it was 11th," the Finance Minister said. Prime Minister Narendra Modi's second government, she said, had set the ball rolling for new India. Public-private partnership (PPP) for railways, in order to strengthen infrastructure, was among the highlights of her speech. In its economic survey yesterday, the government had predicted that the economy will rebound and grow at 7 per cent this year, while outlining plans on how to double its economy by 2024-25 to $5 trillion.