Target of $5 tn economy is just a phase, our targets are bigger, higher: Narendra Modi
NEW DELHI: Prime Minister Narendra Modi on Monday expressed confidence that the coming decade will be of Indian entrepreneurs and said that the goal of a $ 5 trillion economy was a step to realise larger dreams. “As we enter the new decade, I would like to say that the decade would be of Indian […]
$5-trillion economy achievable but time frame uncertain: SBI Chairman
NEW DELHI: Chairman of State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the country can become a $5 trillion economy, but was skeptical whether it is achievable by 2024-25 as envisaged by the government. Speaking at an interactive session organsied by FICCI, he said private investment was necessary for achieving the target. […]
Can’t achieve $5 trillion economy target if growth keeps going down: Manmohan Singh
NEW DELHI: Former Prime Minister Manmohan Singh on Thursday said there was no hope of Narendra Modi government’s promise of $5 trillion economy becoming a reality if growth kept going down the way it has for the last five quarters. Addressing Congress leaders at a meeting here, he said that at least one million people […]
States to be key drivers of growth for making India $5 trillion economy: NITI
NEW DELHI: States will have to become key agents of growth to help achieve India’s target of becoming a $5 trillion economy, Niti Aayog Chief Executive Officer Amitabh Kant said on Saturday. Speaking at an event organised here by industry chamber PHDCCI, Kant said states have to work together and learn from each other to […]
India needs to grow at 9% for 5 years to become $5 trillion economy: EY
NEW DELHI: The country will need to grow by 9 per cent every year for five years continuously and raise aggregate investment rate to 38 per cent of GDP to achieve Prime Minister Narendra Modi’s target of turning India into a $5 trillion economy, EY has said. In its latest edition of Economy Watch, EY […]