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India will be $5 trillion economy by 2025; Reports

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Statement by Raghuram Rajan

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

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His comments have triggered a heated debate on social media platforms

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Projected growth

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

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

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

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Opinions on the feasibility of India

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

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