Modi says India’s economy will be among the top three in the world within five years
1 year, 4 months ago

Modi says India’s economy will be among the top three in the world within five years

Associated Press  

NEW DELHI — Prime Minister Narendra Modi said India’s economy will be among the top three in the world within five years, as he marked 76 years of independence from British rule on Tuesday. Wearing a flowing, multi-colored turban, Modi addressed the country from New Delhi’s 17th century Mughal-era Red Fort, saying his government had lifted over 130 million people out of poverty and that India’s growing prosperity was an opportunity for the world. “In the next five years, I promise India will be among the top three economies in the world.” His statement comes after reports last year from S&P Global and Morgan Stanley forecast that India’s economy would overtake Japan and Germany’s to become the world’s third largest by 2030. Modi highlighted India’s rise on the global stage and said a new world order was emerging after the COVID-19 pandemic.

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History of this topic

Will India's economic growth pick up pace? Nirmala Sitharaman answers
6 days, 16 hours ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

India can be a $9 trillion economy by 2030: Arvind Panagariya
1 week, 4 days ago

India can be a $9 trillion economy by 2030: Arvind Panagariya

Live Mint  

India is poised to surpass the position of the world's third-largest economy by 2030, with its gross domestic product expected to expand to $6.5-9 trillion, said Arvind Panagariya, the chairman of the 16th Finance Commission of India, on Thursday. Speaking at the Times Network India Economic Conclave 2024, Panagariya, former vice chairperson of NITI Aayog, said the Indian economy, despite …

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

Live Mint  

New Delhi, : India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". …

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
1 month ago

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report

New Indian Express  

NEW DELHI: India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said, "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". The …

India's Economic Potential Soars as Global Landscape Shifts
Trending News
2 months ago

India's Economic Potential Soars as Global Landscape Shifts

The Hindu  

India is well positioned to capitalize on new growth opportunities due to its robust macroeconomic fundamentals and strategic shift towards strategic economic partnerships. The country's focus on domestic capacity building and resilience against external shocks will be key to its success. Ms. Sitharaman emphasized India's potential to become a key partner for many countries seeking to diversify their sources of …

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant
3 months, 1 week ago

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant

News 18  

India will be driving 20 per cent of the world’s economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. The country will be driving 20 per cent of the world’s economic growth in the next decade, he added. “If India is to grow at 9-10 …

India to Become Third Largest Economy in Two Years: Vice President Jagdeep Dhankhar
4 months, 2 weeks ago

India to Become Third Largest Economy in Two Years: Vice President Jagdeep Dhankhar

News 18  

Asserting that India’s rise is unstoppable, Vice President Jagdeep Dhankhar on Wednesday said the country will become the third largest economy in the world in two years. The “Be Vocal for Local” clarion call given by the Prime Minister has economic freedom at this core, with handloom products being one of its key elements, said the Vice President. Strongly advocating …

Modi vows to hold himself accountable for making India world’s 3rd-largest economy
4 months, 3 weeks ago

Modi vows to hold himself accountable for making India world’s 3rd-largest economy

Hindustan Times  

Prime Minister Narendra Modi on Tuesday vowed to hold himself accountable for making India the world’s third-largest economy in his third term and said he was pleased to say that great and consistent progress was being towards achieving the ambitious goal. I am holding myself accountable for my vow to make India the world’s third-largest economy in my third term,” …

Modi vows to hold himself accountable for making India world’s 3rd-largest economy
4 months, 3 weeks ago

Modi vows to hold himself accountable for making India world’s 3rd-largest economy

Hindustan Times  

Prime Minister Narendra Modi on Tuesday vowed to hold himself accountable for making India the world’s third-largest economy in his third term and said he was pleased to say that great and consistent progress was being towards achieving the ambitious goal. I am holding myself accountable for my vow to make India the world’s third-largest economy in my third term,” …

NITI Aayog Envisions India as $30 Trillion Economy by 2047
4 months, 3 weeks ago

NITI Aayog Envisions India as $30 Trillion Economy by 2047

Deccan Chronicle  

New Delhi: India's policy think-tank NITI Aayog said that the country needs to strive to be a $30 trillion economy — almost nine times from today's $3.36 trillion, with a per capita income of $18,000 per annum by 2047, according to its approach paper for vision for Vikshit Bharat in 2047. “The gross domestic product or GDP would have to …

India’s Modi focuses on jobs creation in first budget after winning polls
5 months ago

India’s Modi focuses on jobs creation in first budget after winning polls

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power. Modi said the budget will lead India toward “better growth and a bright future.” “Today’s budget will act as a …

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’
5 months ago

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Monday hailed the Economic Survey 2023-24 tabled by Union finance minister Nirmala Sitharaman, saying that it highlights the prevailing strength of Indian economy. Prime Minister Narendra Modi said the Economic Survey identifies areas for further growth and progress “The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the …

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda
5 months, 3 weeks ago

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda

Associated Press  

NEW DELHI — India’s president inaugurated a new parliament on Thursday after national elections, listing the priorities of Prime Minister Narendra Modi’s government in coming years, including fast-tracking economic reforms and boosting small and medium-size enterprises to create jobs. President Draupadi Murmu said India’s economy grew the fastest among the world’s major nations at an average of 8% over the …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

Road ahead for PM Modi, India in a China +1 world
6 months ago

Road ahead for PM Modi, India in a China +1 world

Hindustan Times  

Though his party didn’t win the landslide victory he hoped for, Prime Minister Narendra Modi has secured a rare third five-year term as India’s PM. In addition, India’s media environment has become more polarised as many more people get their news online than when Modi was first elected a decade ago. The World Economic Forum’s most recent gender gap report …

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's
6 months, 1 week ago

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

India TV News  

Moody's latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region's top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. India to remain fastest growing economy: World Bank Earlier this week, a Work Bank report stated that India will remain the fastest-growing major economy recording a steady growth of …

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling
6 months, 2 weeks ago

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling

Al Jazeera  

Indian Prime Minister Narendra Modi and his Bharatiya Janata Party campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national elections. Despite strong headline economic growth, nearly half of India’s population is still employed in the relatively unproductive agricultural sector – a share that rose during Modi’s second term, from 42.5 percent in 2018-19 to 45.8 …

India elections: Modi and his Hindu nationalist BJP have another five years in power. What does it mean for the world?
6 months, 2 weeks ago

India elections: Modi and his Hindu nationalist BJP have another five years in power. What does it mean for the world?

CNN  

CNN — Narendra Modi has raised India’s stature on the global stage like no other recent leader of the world’s most populous country. Paul, author of “The Unfinished Quest: India’s Search for Major Power Status from Nehru to Modi.” “This idea of India pushing its weight around may be much less feasible for the time being, given that foreign policy …

India’s economic boom won’t be derailed by its election shock
6 months, 2 weeks ago

India’s economic boom won’t be derailed by its election shock

CNN  

New Delhi CNN — Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. India boomed during Modi’s first two terms as prime minister, leapfrogging the United Kingdom to become the world’s fifth biggest economy and growing …

India and the world may finally have reached ‘peak Modi’
6 months, 2 weeks ago

India and the world may finally have reached ‘peak Modi’

The Telegraph  

The shock result of India’s general election has dented the brand of prime minister Narendra Modi whose party fell well-short of its target for seats in the Indian parliament. Given that his Bharatiya Janata Party fought the election with the prime minister as the face of the party, its poor performance raises questions about whether India has reached “peak Modi”. …

Possible Modi third term said to likely see focus on economic reforms
6 months, 2 weeks ago

Possible Modi third term said to likely see focus on economic reforms

The Hindu  

Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter. As part of an election pledge to transform India into a global manufacturing hub, Mr. Modi wants to offer subsidies for …

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind
6 months, 3 weeks ago

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind

Associated Press  

SAMASTIPUR, India — Narendra Modi swept to power a decade ago on promises to transform India’s economy, and it would be hard to argue he hasn’t made strides. While campaigning this spring — the six-week-long election concludes Saturday — Modi has vowed to make India’s economy the world’s third-largest, trailing only those of the U.S. and China. Even as India’s …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
6 months, 3 weeks ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

PM Modi On ABP: PM Modi Discloses His Roadmap For Viksit Bharat & Vision Of Modi 3.0 | ABP News
6 months, 3 weeks ago

PM Modi On ABP: PM Modi Discloses His Roadmap For Viksit Bharat & Vision Of Modi 3.0 | ABP News

ABP News  

Prime Minister Narendra Modi, in an exclusive interview with ABP Network ahead of the final phase of the 2024 Lok Sabha elections, unveiled his vision for steering India towards becoming the world's third-largest economy. Speaking about his ambitious goals, PM Modi stated, "Before reaching the third position, let's aim for the fifth. He highlighted the transformative impact of this economic …

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%
7 months ago

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The Hindu  

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The World Economic Situation and Prospects as of mid-2024, released Thursday, said, “India’s economy is forecast to expand by 6.9% in 2024 and 6.6% in …

India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant
7 months, 1 week ago

India all set to overtake Japan as fourth largest economy by 2025, predicts Amitabh Kant

India TV News  

Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. Some highlights of India's journey to the top 5 economies of the world in 2024 from Fragile 5 in 2013, according …

P Chidambaram's ‘no magic’ barb at PM Modi on ‘India becoming 3rd largest economy’
7 months, 3 weeks ago

P Chidambaram's ‘no magic’ barb at PM Modi on ‘India becoming 3rd largest economy’

Hindustan Times  

Former finance minister P Chidambaram said India will become the third largest economy in the world regardless of who becomes the PM, describing Prime Minister Narendra Modi as a “master of exaggeration” for “turning an arithmetic inevitability into a guarantee”. Former finance minister P Chidambaram said India would achieve the feat given the size of its population and there was …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

Need a ‘strong government’: PM Modi at BJP manifesto launch
8 months, 1 week ago

Need a ‘strong government’: PM Modi at BJP manifesto launch

The Hindu  

On a day when the conflict in West Asia appeared to be escalating, Prime Minister Narendra Modi said that a “strong government with a full majority was necessary” in an uncertain international situation that exists currently, pointing out that his government had time and again managed to bring back Indians stuck in conflict situations abroad. He added that the National …

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election
8 months, 1 week ago

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi on Sunday vowed to boost social spending, develop infrastructure and make India into a global manufacturing hub as companies shift away from China, as he unveiled his Hindu nationalist party’s election strategy. Modi promised to expand social programs introduced during his party’s 10-year rule, including millions of free homes for the poor, …

PM Modi sets ambitious India economic goals for probable third term
8 months, 2 weeks ago

PM Modi sets ambitious India economic goals for probable third term

Live Mint  

Indian Prime Minister Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government document seen by Reuters. Independent economist Saugata Bhattacharya said doubling the economy by the end of the decade would be a "very difficult feat" requiring 6%-6.5% growth for …

India to be fastest growing economy among G-20 nations in 2024
8 months, 3 weeks ago

India to be fastest growing economy among G-20 nations in 2024

Op India  

India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8 per cent in Q1, 7.6 per cent in Q2 and 8.4 per cent in Q3. The most recent upgrade came from Goldman Sachs, which has raised India’s 2024 growth projections to 6.6 per cent, a 10 basis …

10 years under Modi has lifted the country out of despair to a state of optimism: Nirmala Sitharaman
8 months, 4 weeks ago

10 years under Modi has lifted the country out of despair to a state of optimism: Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman said that 10 years under Prime Minister Narendra Modi has brought a sea change in the economy of the country and lifted the sentiments from a state of despondency in 2013, to one of optimism and hope of emerging as a developed country by 2047. Though the Opposition claims that they were the ones who …

India to be third top economy in few years, says Nirmala Sitharaman
9 months, 1 week ago

India to be third top economy in few years, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot in the world economy from the current fifth position in the near future. ‘We should attain economic freedom’ Observing that India was a rich country about 400 years ago, …

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant
9 months, 2 weeks ago

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant

ABP News  

India is set to become the third-largest economy and stock market in the world in the next five years, G20 Sherpa and former NITI Aayog chairman Amitabh Kant said at the India Dialog conference, organised by the Stanford University US-Asia Technology Management Center, in partnership with the Institute for Competitiveness. Sharing his inputs on the country’s growth, Kant stated: “In …

India’s Q3 GDP bucks all estimates at 8.4% growth
9 months, 3 weeks ago

India’s Q3 GDP bucks all estimates at 8.4% growth

Hindustan Times  

The Indian economy continued to outperform, with GDP growth in the quarter ending December coming in at 8.4%, beating analyst estimates by around 180 basis points or 1.8 percentage points, and the government now expects the economy to grow by 7.6% in 2023-24, up from the 7.3% projected in January. Given the fact that GDP numbers for 2021-22 and 2022-23 …

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’
9 months, 3 weeks ago

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Thursday took to social media platform X after government data showed that India's economy grew by 8.4 per cent in the December quarter. The growth rate of GDP during 2023-24 is estimated at 7.6 per cent compared to the growth rate of 7.0 per cent in 2022-23," the government statement added. The GDP at current …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
9 months, 3 weeks ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

Modi govt's mismanagement has set economic transformation back by 20 years: Cong
9 months, 4 weeks ago

Modi govt's mismanagement has set economic transformation back by 20 years: Cong

Deccan Chronicle  

Underlining that economic growth means diversification of employment from agriculture to industry to services, the Congress on Saturday claimed that the progress achieved under Manmohan Singh's prime ministership in this direction has been reversed by the Narendra Modi government. The current dispensation's "mismanagement" has set the economic transformation back by 20 years, the party alleged.Congress general secretary Jairam Ramesh said …

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant
10 months ago

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant

Business Standard  

"Our aim will be to become the cheapest producer, the cheapest exporter of green hydrogen and its liquid form ammonia and to be the biggest manufacturer of electrolyzer," he said | Photo: Bloomberg India will be the third largest economy by 2027 and it needs to grow at rapid rates to become a $35 trillion economy by 2047, the country's …

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi
10 months, 2 weeks ago

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi

Live Mint  

Goa: The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. India's energy demand is projected to double by 2045, placing the country at the helm of shaping global energy …

India will see investment of USD 67 billion in energy sector in next 5-6 years: PM Modi
10 months, 2 weeks ago

India will see investment of USD 67 billion in energy sector in next 5-6 years: PM Modi

India TV News  

Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Highlighting India's robust economic growth, currently exceeding 7.50 per cent, Modi emphasised the nation's imminent ascension to the rank of the world's third-largest economy. Modi said, "In the next …

'India will become 3rd largest economy in NDA's third term': PM Modi in Lok Sabha
10 months, 2 weeks ago

'India will become 3rd largest economy in NDA's third term': PM Modi in Lok Sabha

Hindustan Times  

Prime Minister Narendra Modi exuded confidence of India becoming the third largest economy in the world when NDA wins its third term. PM Modi in Lok Sabha on Monday During his reply to ‘Motion of Thanks’ in Lok Sabha, PM Modi asserted that India will emerge as the third largest economy in the world over the course of the next …

PM Modi's 2024 Lok Sabha polls prediction: ‘I don't go into numbers but…'
10 months, 2 weeks ago

PM Modi's 2024 Lok Sabha polls prediction: ‘I don't go into numbers but…'

Hindustan Times  

Prime Minister Narendra Modi on Monday expressed confidence that the Bharatiya Janata Party -led National Democratic Alliance will appear victorious in the coming Lok Sabha elections. Prime Minister Narendra Modi replies to the 'Motion of Thanks' on the President's address in Lok Sabha during the Budget session of Parliament, in New Delhi, on Feb 5. It is Modi’s guarantee that …

India will be world's third largest economy in our third term: PM Modi's guarantee in Lok Sabha
10 months, 2 weeks ago

India will be world's third largest economy in our third term: PM Modi's guarantee in Lok Sabha

India TV News  

Motion of Thanks on President's Address: Replying to the discussion on the Motion of Thanks on the President’s address in the Lok Sabha, Prime Minister Narendra Modi on Monday guaranteed that India will become the third largest economy in the world after US and China during the BJP government's third consecutive term at the Centre. 'Modi's guarantee' Taking a swipe …

PM Modi: India 3rd Largest Economy in My 3rd Term
10 months, 2 weeks ago

PM Modi: India 3rd Largest Economy in My 3rd Term

Deccan Chronicle  

NEW DELHI: In a speech at the Bharat Mobility Global Expo 2024, Prime Minister Narendra Modi asserted that India is rapidly advancing and is poised to become the world's third-largest economy during the "third term" of his government. Looking ahead to the third term, he envisioned new heights for the mobility sector.Modi urged the industry to explore research avenues that …

“India will become the world's third-largest economy during our third term”: PM Modi
10 months, 3 weeks ago

“India will become the world's third-largest economy during our third term”: PM Modi

Op India  

Prime Minister Narendra Modi on Friday expressed confidence that the country will emerge as the third-largest economy in the world during the third straight term of the Bharatiya Janata Party government at the Centre. “It is certain that India will become the world’s third-largest economy during our third term. The Prime Minister further said that the country has seen the …

Vantage | What India must do to be a $7 trillion economy by 2030
10 months, 3 weeks ago

Vantage | What India must do to be a $7 trillion economy by 2030

Firstpost  

As the Indian government gears up to present the annual budget in what is considered the last one ahead of the general election, the focus is on maintaining stability with an interim budget. In the next three years, India aims to secure its position as the world’s third-largest economy, targeting a GDP of $5 trillion dollars. Projections for India’s growth …

India will be $7 trillion economy by 2030
10 months, 3 weeks ago

India will be $7 trillion economy by 2030

Firstpost  

India can aspire to become a $7 trillion economy by 2030, according to “The Indian Economy: A Review” written by V Anantha Nageswaran, Chief Economic Adviser to the government, and his team of economists. Meanwhile, as per National Statistical Office, the Indian economy is estimated to grow 7.3 per cent in 2023-24, while Reserve Bank of India projected a 7 …

Budget 2024: Can India become a $7 trillion economy by 2030?
10 months, 3 weeks ago

Budget 2024: Can India become a $7 trillion economy by 2030?

India Today  

A recent review report released by the government has estimated India's potential economic trajectory, aiming to hit the $7 trillion mark by 2030, ahead of the upcoming Interim Budget 2024-25. "India's unwavering commitment to ensuring steady economic growth is generating resources for investment needed for climate change adaptation, building resilience, and mitigating emissions,' the Finance Ministry report said. The report …

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