TNPSC Thervupettagam

5 dollar Trillion Economy in 2029

August 20 , 2022 827 days 893 0
  • There are eight key challenges for India to overcome to achieve the dream of 5 trillion economy.
  • The challenges are increasing investment, improving productivity and education and health outcomes, creating jobs, raising agriculture productivity, maintaining macroeconomic stability, managing global mega trends and improving governance.
  • So, India may become a $5 trillion economy by 2028-29 only if the GDP grows at nine per cent per annum consistently for the next five years.

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