Entrepreneurs, not govt, will contribute to $5 trillion eco: Harsh Mariwala
The Marico founder expects entrepreneurship to have a multiplier impact on the economy in the next 10 years
5 trillion economy
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February 2020
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Infrastructure sector key driver for Indian economy: Sarbananda Sonowal
Infrastructure development and upgrade will play a better role in realising the vision of India becoming a $5 trillion economy by 2025, Sonowal said.
IMF corrects data? India projected to achieve $5-tn status in FY27, not FY29
IMF’s current GDP projections are now the same as the Modi-led govt's revised target of achieving the $5 trillion economy status by the fiscal year 2025-26 or a year later.
India to be $5 tn economy by FY29 — not FY25 — suggests IMF data
This is contrary to the govt's aim of achieving the target by FY26; the rupee is also seen depreciating to 94.4 per dollar by FY28.
When the Big Three of Indian IT met at Nasscom
Wipro chairman Rishad Premji, Infosys CEO Salil Parekh, and TCS CEO Rajesh Gopinathan say technology will help India take the next big leap.
Budget 2020: Incremental benefits to manufacturing
Given the context of macro challenges that the economy faces and the target of reaching $5 trillion by 2024, the budget does promise some impetus to the sector but more needs to be done.
Eco Survey: Empower the invisible hand of the market
India, which aspires to be a $5-trillion economy, needs to strengthen “the invisible hand of the market supporting it with the hand of trust”, argues the Survey, which pegs FY21 GDP growth at 6-6.5%.
Managing the fiscal deficit
With growth sputtering and revenue collections falling, managing the fiscal deficit could be the government’s biggest challenge.
Budget 2020: ASSOCHAM seeks 25% GST cut
The trade body also said fiscal incentives and sustained public investment on infrastructure will spur demand.
Knock, knock. Who’s there? Recession
It’s not yet full-blown but it is making its presence felt with several sub-sectors of the Indian economy showing at least two consecutive quarters of negative growth.
