Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1125)
1125.
What should be the GDP of India, inorder to achieve $5 trillion economy by 2024-25?
Answer: Option
Explanation:
As per the Economic Survey 2019, the pathways for drop opened up in the last five years; and benefits of growth and macroeconomic stability reached to the bottom. Sustained real Gross Domestic Product (GDP) growth rate of 8% is needed for a $5 trillion economy by 2024-25. Virtuous Cycle of savings, investment and exports supported by a favorable demographic phase is required for sustainable growth.
Discussion:
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