(a) whether India is expected to become a 5 trillion dollar economy by 2025; and
(b) if so, the details thereof along with the steps being taken by the Government
in this regard?
(a) whether India is expected to become a 5 trillion dollar economy by 2025; and
(b) if so, the details thereof along with the steps being taken by the Government
in this regard?
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THE MINISTER OF COMMERCE & INDUSTRY
(SHRI PIYUSH GOYAL)
(a): A Working Group under the chairmanship of Hon’ble Minister of Commerce and Industry has projected the Indian Economy to reach USD 5 trillion by 2024-25. The International Monetary Fund in the World Economic Outlook Report of October 2018 has also projected that India’s Gross Domestic Product will reach USD 4.6 trillion in 2023.
(b): The Working Group has set out a roadmap for the agriculture, manufacturing and services sectors to attain the projected target.
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