Browsing Tag

World largest economies

focuseconomics_biggest_economies_november_2018-01-01
Business, Economy,

Driving India to a $5 Trillion and $10 Trillion Economy: Modernization and Digitization

Modi 2.0 has cleared its agenda to drive India to a $5 trillion economy in coming 5 years that is by 2024. Technology, digitization, and modernization shall have a great role in pulling up the economy to $5 trillion levels. Certainly, there will be a great role of IT in this economic pull-up.  Additionally, BJP election manifesto 2019 focuses on a $ 10 trillion economy by 2032.  At present, India is an economy of about $ 2.6 trillion. So, it needs to about doubling its economy within 5 years and quadruple by the next eight years. Presently, only the US and China are in $10 trillion club. In addition, Japan, the only country, has $5 trillion in GDP.