India will be $5 trillion economy by 2025; Reports

English india Jan 24 2024 Author: Rashmi Kuttan Image Credits:Pexels

Statement by Raghuram Rajan

English Raghuram Rajan, former RBI Governor, recently stated that achieving a $5 trillion economy by 2025 in India is nearly impossible. Image credits: Getty

His comments have triggered a heated debate on social media platforms

English Image credits: Getty

Projected growth

English India's projected growth for FY 2023-24 is 6.3%, with a slight dip anticipated in the following fiscal year. Image credits: Getty

Goals

English The central government aimed to achieve a $5 trillion economy, but financial institutions predict this goal may be reached by 2027. Image credits: Pexels

Reactions

English Many supporters are echoing Rajan's viewpoint, citing concerns related to India's current GDP growth and future economic projections. Image credits: Freepik

Opinions on the feasibility of India

English The debate reflects diverse opinions on the feasibility of India reaching the ambitious $5 trillion economy target within the given timeframe. Image credits: Getty

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