Fadnavis makes Maha pitch, says will make economy USD 1 trillion by 2030
1 week, 2 days ago

Fadnavis makes Maha pitch, says will make economy USD 1 trillion by 2030

New Indian Express  

MUMBAI: Chief Minister Devendra Fadnavis on Friday said Maharashtra will be a trillion dollar economy by 2028-30 and play a key role in India’s growth story under Prime Minister Narendra Modi. He said Mumbai will play a major role in the growth of Maharashtra and the financial capital of India will become the country’s fintech capital in the coming years. “Maharashtra will be the first one trillion dollar economy of the country. We will surpass the one trillion dollar economy benchmark between 2028 and 2030,” Fadnavis said while addressing the World Hindu Economic Forum.

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History of this topic

NITI Aayog sets target of doubling MMR’s GDP to $300 billion in five years
4 months ago

NITI Aayog sets target of doubling MMR’s GDP to $300 billion in five years

Hindustan Times  

Mumbai: NITI Aayog has set a target of doubling the Mumbai Metropolitan Region’s GDP from $140 billion in 2022-23 to $300 billion in the next five years. The Centre’s public policy think tank has asked the Maharashtra government to concentrate on seven growth drivers and attract investment of $125-135 billion from the private sector to achieve the target. According to …

Maharashtra economic growth to fall from 9.4% to 7.6% in 2023-24
5 months, 3 weeks ago

Maharashtra economic growth to fall from 9.4% to 7.6% in 2023-24

Hindustan Times  

Mumbai: Maharashtra’s economy is expected to grow at 7.6% in the financial year 2023-24, which is at par with the growth of the Indian economy but lower than 9.4% recorded in 2022-23, according to the state’s latest economic survey. The state’s per capita income is expected to grow to ₹2,77,603 in 2023-24 from ₹2,52,389 crore in 2022-23. Deputy chief minister …

Economic survey projects Maharashtra’s economy to grow by 7.6%
5 months, 3 weeks ago

Economic survey projects Maharashtra’s economy to grow by 7.6%

Deccan Chronicle  

As per the survey, the FDI equity inflow in Maharashtra was Rs 1,25,101 crore as compared to Rs 1,18,422 crore in 2022-23. The Economic Survey was presented by Deputy Chief Minister Ajit Pawar, who also handles the finance portfolio, in the monsoon session of the Maharashtra legislature on Thursday. In 2022-23, Maharashtra registered a growth of 6.8 per cent, which …

Maharashtra economy expected to grow at 7.6%, dropped from 9.4% in 2022-23
5 months, 3 weeks ago

Maharashtra economy expected to grow at 7.6%, dropped from 9.4% in 2022-23

Hindustan Times  

Mumbai: Maharashtra's economy is projected to grow by 7.6% in the 2023-24 financial year, matching the growth rate of the Indian economy as a whole, according to the state's latest economic survey. Maharashtra's revenue receipts for 2023-24 stood at ₹4,86,116 crore, an increase from ₹4,05,678 crore in the previous year. On a more positive note, the state's irrigation potential increased …

Gautam Adani feels it's 'the best time to be an Indian’: ‘No other country…’
6 months ago

Gautam Adani feels it's 'the best time to be an Indian’: ‘No other country…’

Hindustan Times  

Gautam Adani- Adani Group chairman- said that India is on the brink of an unprecedented economic boom within the next decade as the country could start adding trillion dollars to its GDP every 12 to 18 months. This could make India a $30 trillion economy by 2050, Gautam Adani said while speaking at Crisil Ratings' ‘Annual Infrastructure Summit’ where he …

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 …

India to be $5 trillion economy by end of 2025: Amit Shah
1 year ago

India to be $5 trillion economy by end of 2025: Amit Shah

The Hindu  

Union Home Minister Amit Shah on December 9 said India will become a $5 trillion economy by the end of 2025. Addressing the valedictory session of the Uttarakhand Global Investors Summit in Dehradun, Mr. Shah said India has grown exponentially on every front over the past one decade due to the farsighted and visionary leadership of Prime Minister Narendra Modi. …

'India will become USD 5 trillion economy by end of 2025': Amit Shah at Uttarakhand Global Investors Summit
1 year ago

'India will become USD 5 trillion economy by end of 2025': Amit Shah at Uttarakhand Global Investors Summit

India TV News  

Uttarakhand Global Investors Summit: India will become a USD 5 trillion economy by the end of 2025, said Union Home Minister Amit Shah on Saturday. Addressing the valedictory session of the Uttarakhand Global Investors Summit at the Forest Research Institute in Dehradun, Shah said that due to the visionary leadership of Prime Minister Narendra Modi, India has progressed rapidly on …

A $5 trillion economy, but for whom?
1 year ago

A $5 trillion economy, but for whom?

The Hindu  

Last week, at an election rally in Chhattisgarh, Prime Minister Narendra Modi announced that he is extending the Pradhan Mantri Garib Kalyan Ann Yojna, a scheme providing 5 kg of foodgrains free every month to beneficiaries of the National Food Security Act, by five years because he does not want any citizen to sleep hungry. This is the year the …

India makes it to $4 trillion economy club
1 year, 1 month ago

India makes it to $4 trillion economy club

Deccan Chronicle  

New Delhi: Achieving a historic milestone, India's economy on Sunday crossed the $4 trillion mark in its gross domestic product in nominal terms for the first time ever, several media reports said, citing a purported screenshot of a live GDP tracker of all economies based on the IMF data. After the report surfaced in the media circle, BJP leaders, ministers …

Gujarat to emerge as USD 1 trillion economy by 2030: CM Bhupendra Patel
1 year, 2 months ago

Gujarat to emerge as USD 1 trillion economy by 2030: CM Bhupendra Patel

India TV News  

Gujarat news: Chief Minister of Gujarat Bhupendrabhai Patel today while addressing the Federation of Indian Chambers of Commerce and Industry's National Executive Committee Meeting emphasised that Gujarat is recognised as the growth engine of India and the world. The Chief Minister also said that Gujarat is determined to play a major role in making the country a $5 trillion economy …

Reduce 36 different premiums to 6, developers’ body asks state govt
1 year, 2 months ago

Reduce 36 different premiums to 6, developers’ body asks state govt

Hindustan Times  

Mumbai Leading developers’ body CREDAI-MCHI has requested the government to rationalise premiums by 50%. It has also stated that the 36 different premiums Mumbai Metropolitan Region developers have to pay makes the region’s real estate the costliest, which it claims has stunted the economic growth of the metropolis in comparison with other cities like Delhi-NCR, Bengaluru and Hyderabad. “Mumbai’s astronomical …

Focusing on roadmap to make India a $5 trillion economy: Govt
1 year, 4 months ago

Focusing on roadmap to make India a $5 trillion economy: Govt

Live Mint  

New Delhi: The government’s roadmap to makinge India a $5 trillion economy comprises measures like focussing on inclusive growth, promoting digital economy, fintech, technology-enabled development, energy transition and climate action, and relying on a virtuous cycle of investment and growth, minister of state for fnance Pankaj Chaudhary said on Tuesday. Responding to an unstarred question in the Rajya Sabha, Chaudhary …

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman
1 year, 6 months ago

India’s GDP has touched $3.75 trillion-mark in 2023: Nirmala Sitharaman

Live Mint  

India's gross domestic product has touched the $3.75 trillion-mark in 2023 so far from around $2 trillion in 2014, said finance minister Nirmala Sitharaman on June 12. Recent government data revealed that India's GDP grew by 6.1 per cent in the fourth quarter of fiscal year 2022-23 beating Street estimates. Recently, ratings agency Moody's estimated the Indian economy to clock …

Maha Expected to See 6.8% Growth: Economic Survey 2022-23
1 year, 9 months ago

Maha Expected to See 6.8% Growth: Economic Survey 2022-23

News 18  

Maharashtra deputy chief minister and finance minister Devendra Fadnavis tabled the Economic Survey 2022-23 on Wednesday, which indicated that the state’s economy is expected to have grown by 6.8% against the national growth of 7%. As per the Economic Survey, the fiscal deficit of the Maharashtra government is expected to be at 2.5% for 2022-23. At the national level, the …

Maharashtra Economy To Grow 6.8% in 2022-23: State's Economic Survey
1 year, 9 months ago

Maharashtra Economy To Grow 6.8% in 2022-23: State's Economic Survey

News 18  

The Maharashtra Economic Survey, tabled on Wednesday, pegged the state’s economic growth at 6.8 per cent for the current financial year 2022-23. It said that in 2022-23, the state’s agriculture and allied activities sector is expected to grow 10.2 per cent, industry sector by 6.1 per cent and services sector by 6.4 per cent. According to the Economic Survey 2022-23, …

Maharashtra economy to grow 6.8% in 2022-23: State Economic Survey
1 year, 9 months ago

Maharashtra economy to grow 6.8% in 2022-23: State Economic Survey

The Hindu  

Maharashtra’s economy is expected to grow by 6.8% in 2022-23 against the projected 7% growth of the Indian economy, according to the State’s annual Economic Survey, tabled by Deputy Chief Minister and Finance Minister Devendra Fadnavis in the Assembly on March 8. In the current fiscal year, the agriculture and allied activities sector is expected to grow by 10.2%, slower …

Parsa Venkateshwar Rao Jr | Slow economic growth a major challenge for govt
1 year, 10 months ago

Parsa Venkateshwar Rao Jr | Slow economic growth a major challenge for govt

Deccan Chronicle  

The economic indicators listed in the monetary policy statement of the Reserve Bank of India, raising the repo rate to 6.5 per cent from 6.25 per cent on February 8, is sobering after the high rhetoric used by finance minister Nirmala Sitharaman in her Budget speech on February 1. The revenue buoyancy of the government, especially from the Goods and …

Making India the No 1 economy in the world is our priority: Bandi
1 year, 10 months ago

Making India the No 1 economy in the world is our priority: Bandi

Deccan Chronicle  

NEW DELHI: BJP state president and MP Bandi Sanjay Kumar welcomed the ‘wonderful’ Union Budget as it will cater to the needs of all sections of people. The BJP state president said that some sections believed that the budget will be an ‘election budget’, but Modi showed that he is moving ahead with a longer vision. Meanwhile, BJP OBC morcha …

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry
1 year, 10 months ago

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry

The Hindu  

The Union Budget is one of the most anticipated annual events, where India has consistently embarked on numerous reforms bringing about structural changes. In my opinion, the Finance Minister this year rightly focussed on key factors that align with the larger vision of the government: boosting economic growth, employment generation, encouraging savings and investments, and fiscal consolidation. The government needs …

India expected to become USD 7 trillion economy in seven years: Chief Economic Advisor
1 year, 11 months ago

India expected to become USD 7 trillion economy in seven years: Chief Economic Advisor

India TV News  

The Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years, said Chief Economic Advisor V Anantha Nageswaran said on Monday. "In these contexts, the Indian economy will be of the size of USD 3 trillion at the end of March 2023 …

\'India\'s GDP nearing to $20 trillion, per capital income at $10k by 2047\'
1 year, 11 months ago

\'India\'s GDP nearing to $20 trillion, per capital income at $10k by 2047\'

Deccan Chronicle  

HYDERABAD: India's GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000, Bibek Debroy, chairman, Economic Advisory Council to the Prime Minister, said on Wednesday. Virtually addressing the inaugural session at the 57th Annual Conference of the Indian Econometric Society held at the University of Hyderabad here, he said though the COVID-19 …

Make in Odisha Day 1 attracts investments worth ₹585,742 cr, 21 MoUs signed
2 years ago

Make in Odisha Day 1 attracts investments worth ₹585,742 cr, 21 MoUs signed

Hindustan Times  

Naveen Patnaik’s government today made an impressive business pitch to Indian and global investors to Make in Odisha and ‘Join the Juggernaut’. Odisha Chief Minister Naveen Patnaik with industry tycoons at the plenary session of Make in Odisha Conclave 2022, in Bhubaneswar, “Odisha is destined to become a trillion-dollar economy in near future. Day 1 of the Make in Odisha …

India will become $40 trillion economy by 2047, says Mukesh Ambani; spells out 3 big mantras
2 years, 1 month ago

India will become $40 trillion economy by 2047, says Mukesh Ambani; spells out 3 big mantras

Firstpost  

During his virtual address at the 10th Convocation of Pandit Deendayal Energy University, Mukesh Ambani stressed that concerns over climate change must be addressed as India strives to achieve economic progress Gandhinagar : Asserting that India will become a $40 trillion economy by 2047, Reliance Industries Chairman Mukesh Ambani said that three revolutionary shifts - Clean energy, bio-energy, and the …

The Indian Economy In 2022 And What We Can Look Forward To In 2023 - News18
2 years, 1 month ago

The Indian Economy In 2022 And What We Can Look Forward To In 2023 - News18

News 18  

Opinion | The Indian Economy In 2022 And What We Can Look Forward To In 2023 Curated By : Last Updated: December 31, 2022, 10:30 IST India is simultaneously moving on all fronts. That the Indian economy is not overburdened with debt, particularly external debt, puts it in a good position to realise its ambitions in 2023 and beyond The …

Indian economy 'can touch USD 20 trillion by 2047'
2 years, 3 months ago

Indian economy 'can touch USD 20 trillion by 2047'

Firstpost  

India, which is the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation New Delhi: Economic Advisory Council to the Prime Minister Chairman Bibek Debroy on Tuesday said Indian economy’s size will touch USD 20 trillion by 2047 provided the annual average growth is 7-7.5 per cent in the next 25 …

India's GDP Expected To Grow 9% in FY22, May Clock Over 8% Growth in FY23: PHDCCI
2 years, 8 months ago

India's GDP Expected To Grow 9% in FY22, May Clock Over 8% Growth in FY23: PHDCCI

News 18  

India’s gross domestic product is expected to have grown nine per cent in the financial year 2021-22, which is the highest among the leading economies, and the growth is likely to be over eight per cent in the current financial year, according to the PHD Chamber of Commerce and Industry. “At this juncture, the percolation of ease of doing business …

Maharashtra Budget 2022: Ajit Pawar Presents Rs 10,000 Crore Budget; Know Key Highlights
2 years, 9 months ago

Maharashtra Budget 2022: Ajit Pawar Presents Rs 10,000 Crore Budget; Know Key Highlights

News 18  

Maharashtra Budget 2022-23: Maharashtra deputy chief minister, Ajit Pawar, who also holds the finance post, announced in the state budget on Friday. -State plans to spend Rs 11,000 crore on health services in the next three years -Rs 20 crore for upgrading the cataract surgeries in the state -First class trauma care unit will be set up at Satara and …

India economy to grow at quickest pace among large nations: Finmin report
2 years, 10 months ago

India economy to grow at quickest pace among large nations: Finmin report

The Hindu  

The Indian economy is poised to grow at the quickest pace among the league of large nations on the back of various initiatives taken by the government in Budget 2022-23, said the Finance Ministry's Monthly Economic Review. "In a testimony to the resilience of its people and the farsightedness of its policymaking, the Indian economy that contracted by 6.6 per …

Budget sets up digital pitch for India to bat on
2 years, 10 months ago

Budget sets up digital pitch for India to bat on

Live Mint  

The pandemic has left India at an interesting crossroads. On the one hand, India is the fastest-growing large economy at 9.2% FY22, record foreign exchange reserves equalling 13 months of imports; inflation seemingly under control; stock market and corporate earnings in a positive direction. Hence, the increase of financial assistance to state governments for capital investments, which has been increased …

India to become USD 5 trillion economy by 2024-25: Hardeep Puri
3 years, 2 months ago

India to become USD 5 trillion economy by 2024-25: Hardeep Puri

India TV News  

On Thursday, Union Minister Hardeep Singh Puri said that India will become a USD 5 trillion economy by 2024-25 and a USD 10 trillion by 2030. While speaking at the Public Affairs of India 's 8th National Forum through video conference, Puri said, "I am confident that we are on our way to becoming a USD 5 trillion economy by …

India poised to become $5-trillion economy by 2024-25, says Hardeep Puri
3 years, 2 months ago

India poised to become $5-trillion economy by 2024-25, says Hardeep Puri

The Hindu  

Union Minister Hardeep Singh Puri on Thursday exuded confidence that India will become a $5-trillion economy by 2024-25 and $10-trillion by 2030. Speaking at a virtual conference of PAFI India, Mr. Puri said, “Economic growth is accelerating. India is poised for growth to become a $5 trillion economy by 2024-25 and $10-trillion economy by 2030.” On Bharat Petroleum Corporation divestment, …

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