India is set to cross the $5 trillion mark in FY29, with the IMF projecting GDP at around $5.1 trillion by 2028-29, Finance Minister Nirmala Sitharaman said in the Rajya Sabha.Responding to a written question, Sitharaman cited the IMF's World Economic Outlook database from April 2026. She said the government has adopted a broad-based growth strategy covering agriculture, manufacturing, MSMEs, infrastructure, services and digital transformation.The strategy focuses on raising agricultural productivity, promoting manufacturing, supporting MSMEs, expanding infrastructure, improving logistics and easing the cost of doing business. It also includes tax reforms, innovation, digitalisation, human capital and energy security.Sitharaman highlighted Budget 2026-27 measures to strengthen key sectors, attract investments and generate employment. She noted sustained public capital expenditure, FDI liberalisation and prudent fiscal management as supporting pillars. Separately, she said banks recovered Rs 32,466 crore through SARFAESI proceedings in FY25. Budget 2026-27 also announced a National Institute of Hospitality, regional medical hubs and AVGC Content Creator Labs.