Help Industry Federation Debate On 5 Trillion Dollars Of Indian Economy | Money Mantan TV

Описание: Help Industry Federation Debate On 5 Trillion Dollars Of Indian Economy | Money Mantan TV
Currently, India is a $2.8-trillion economy and to reach the $5-trillion mark by 2024, the economy would require growth of over 12 per cent a year.

As a whole, India’s GDP averaged around 7 per cent over the past five years, among the fastest-growing in the world, according to the International Monetary Fund.

As Modi 2.0 sets its sights on making India a $5-trillion economy, it is no longer going to be a single-handed effort. Much of the growth that is needed to fire-up India’s economy has to come from its 29 states, a fact that even Modi understands.

“Every department of the Union government and every district of each state has a role to play in making India a $5-trillion economy,” he said in the speech to chief ministers. “Each state must aim to at least double its economy if the country is to achieve the target by 2024,” he added.
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