Summary:
Union Minister Piyush Goyal remarked that, despite global concerns, India is on course to create a Rs. 4,29,75,000 crore (US$5 trillion) economy by 2027, thanks to national unity and strong leadership under Prime Minister Modi. Speaking at an MCCI session, he described a decade of changes as transformative, indicating the first step towards 'Viksit Bharat' by 2047. He emphasised India's resilience in moving from the 'Fragile Five' to a top-five global economy, noting record reserves, a robust banking system, and low inflation. He praised an inclusive, innovation-led approach and new free trade agreements with the United Kingdom, Australia, and the European Union, claiming that technologies such as AI, quantum computing, and 3D printing will generate employment and encourage firms to develop, innovate, and promote shared prosperity.
Source: IBEF
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