Authors : Vijaysing Bhomsing Pawar
Page Nos : 155-159
Description :
This paper aims to analysis whether India’s goal of being of USD 5 trillion economy by financial year 2024-25 is feasible or not. Research implication: This paper provides a preliminary understanding of the topic. Future researchers are advised to use alternative research method. Research mythology: The research conducted is secondary and non-empirical in nature. Findings: Calculating for the GDP makes very evident that the India’s USD 5 Trillion target will be met the fiscal year 2032-33, and not 2024-25. According to recent estimates, a more realistic target could be FY 2027-28. The clear option here is to take advantage of shall all the prospects available in order to stick to the revised target year. The government must also invest in infrastructure development. Originality/value: This research is secondary in nature and focuses on analyzing whether India’s economic goals is feasible or not. The research conducted also propose measures that the government may take to aid in fulfilling India’s USD 5 Trillion economy.
