12 SEP,2022 | MEDC
Investment, consumption and exports constitute the three key engines of India's economic growth. All have grown robustly at about 26%, 20% and 15% respectively over the past year. In the 75th year of our independence, we have overtaken our former ruler to become the world’s fifth largest economy. Against the backdrop of Covid and the Ukraine crisis, India is the least fiscally primed of all major economies, and so has retained the most of its innate potential. That is why our domestic inflation is still relatively under control. India's policy focus is moving in the right direction, helping to revive our economy. Atmanirbhar Bharat is not just a cliche – it should be seen through the lens of pragmatism, especially because it will help to constructively channelize our unique demographic dividend. If things work out as planned, India is a strong contenderto becoming the world's third largest economy by 2030.
*Picture Credit:Google
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Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra