Sanjeev Sanyal predicts India to become a $4 trillion economy, 4th largest globally, by FY2024-25.
Economic Advisory Council to the Prime Minister member Sanjeev Sanyal predicts India will become a $4 trillion economy by FY2024-25, surpassing Japan and ranking as the world's 4th largest economy. He sees a 7% growth rate as good for India given its limitations, including weak exports, and advises against pushing for 8-9% growth rates. Sanyal also emphasizes the importance of maintaining stable compound growth to generate jobs and taxes.
May 16, 2024
4 Articles