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India to become $5tn economy in 'Amrit Kaal': MoS Finance

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Image Credit: NewsBytes

Pankaj Chaudhary, the Minister of State for Finance, stated that India is poised to become a $5 trillion economy in the early stages of "Amrit Kaal." "The government has set the goal of becoming an advanced economy by 2047. In the process, it will become a $5 trillion economy early in the Amrit Kaal," said Chaudhary. Chaudhary attributes a strong rupee and macroeconomic stability as key factors in reaching the $5 trillion mark.