#5trillion

Let’s work together to make India $5-trillion economy: PM | India News

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NEW DELHI: Prime Minister Narendra Modi on Thursday underlined the need for working together to make India a #5 trillion economy, while stressing that the government has been able to maintain macro-economic stability amid tough global environment. In the Lok Sabha, he also exhorted all the members to give suggestions on ways to take advantage of opportunities thrown up by the current…

India’s aim to become $5trillion economy by 2025 is impossible, former RBI governor Rangarajan says | India News

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CHENNAI: India’s aim to become a $5 trillion economy by 2025 is not possible with the current economic growth rate, former Reserve Bank of India governor and former chairman of Prime Minister’s Economic Advisory Council C Rangarajan said here on Sunday. Rangarajan was addressing IIT-Madras students as part of a spot light lecture series on $5 trillion economy. “People have been talking…

$5-trillion economy achievable; timeframe uncertain: SBI chief

HYDERABAD: State Bank of India chairman Rajnish Kumar on Saturday said the country can become a USD 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.

“USD 5 trillion. We will definitely achieve, there is no doubt.…

Maths does not matter, India will be a $5-trillion economy: Piyush Goyal

Commerce and industry minister Piyush Goyal stoked a controversy on Thursday when he said India’s decision to become a $5-trillion economy should not be viewed through calculations and maths. Maths— as he put it—did not help Albert Einstein discover gravity.

“Do not get into the calculation that you see on television. If you are looking at a $5-trillion economy, then you have to grow at 12%,…