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India can be $10 trillion economy by 2032: Amitabh Kant
Niti Aayog Chief Executive Amitabh Kant on Thursday presented to Prime Minister Narendra Modi an eight-point action plan that would help the country grow at 10 per cent per annum and become a $10 trillion economy by 2032.
New Delhi : Niti Aayog Chief Executive Amitabh Kant on Thursday presented to Prime Minister Narendra Modi an eight-point action plan that would help the country grow at 10 per cent per annum and become a $10 trillion economy by 2032.
The former industry secretary, in a presentation before the Prime Minister at the Civil Services Day function here, said the action plan which was called for in December - is already being implemented in tandem by seven secretaries covering inclusive growth to employment generation.
"Growing at 10 per cent per annum will transform India - India will become a $10 trillion economy with no poverty in 2032," said Kant, adding the country, in the process, will add 175 million new jobs, with no person below the poverty line.
But giving another scenario of a 7 per cent growth per annum, he said, this will make India a $6 billion economy by the same year, create 115 million jobs. India presently is a $1.7 trillion economy.
