Question

How india can become a $5 trillion economy insights?

Answer 1

Answer:

"To become a $5 trillion economy, India's GDP needs to go faster than what we grew at an average of 7.5 per cent in the last five years. ... She stressed that fixed investment rate needs to increase from 29 per cent to 36 per cent in the course of the next five years, with some depreciation of the rupee.

Explanation:

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Answer 2

Answer:

India is, currently, a $2.8 trillion economy; to reach the $5 trillion mark by 2024, the economy would require nominal growth in dollar terms of over 12% a year.