Will India be a USD 5 trillion economy by FY27?

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Generous
Rosh_0007
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It is possible that India could become a USD 5 trillion economy by FY27, but it is not certain. India's economy has been growing rapidly in recent years, and the government has set a goal of becoming a USD 5 trillion economy by FY25. 

However, achieving this goal will require sustained economic growth and a number of other factors, such as increased investment, improved infrastructure, and increased access to credit.

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Deal Cadet Deal Cadet
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Pehle hee Dost and Dimes meiN koi kam siyaape (santaap/ asantosh/ klesh) heiN¿


Jo ab.. dono taraf ke logoN ki 🤜🏼dhishoom🤛🏼 🤜🏼dhishum🤛🏼 yahain shuru karwani hai🥺?




Translation: Thanks to N. Modi (Neerav Modi) and associates (Bijay Deenanath Chauhaan Maal laya) India is already a USD 6 trillion economy... but just like the overseas Bhartiya.. our economic activity too has 'shifted' overseas
Deal Cadet Deal Cadet
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Definitely India needs young and new leaders. Under the joint leadership of Rahul Ji as PM, Mamata Didi as Home Minister & Akhilesh Bhaiya as Finance Minister & Tejshwi Bhaiya as Education & IT Minister. India will beat 1st world countries. And our assumptions after 2024 India's GDP will grow at least 12.5 to 17.8% per year. That will be huge. And if this will happen, then within 2029 india will be economic power hub.

Deal Cadet Deal Cadet
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aaaaaannnnnd with that.. the semi finals of MMA welterweight Round - I 💪🏽 begins!

Deal Cadet Deal Cadet
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Deal Cadet Deal Cadet
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Don't say that.. we are supporter of social welfare & progressive politics. Come to Patna look at the developments done by Honourable Nitish Ji and Tejaswi Bhaiya. They are constantly working for a progressive bihar. Now patna is definitely better than Mumbai or Bangalore. Even Bengal is developing rapidly under the visionary leadership of DIDI. Upcoming days Bengal will surpass Gujrat or Maharashtra in terms of economic growth.  So after 2024 all over India will witness this Bengal Model. If this will happen then we can expect between June 2024 to 2025 india will be minimum 7 to 8 trillion economy. With in 2029 india will be surpass USA & China..

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Generous Generous
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73p8wu
Deal Cadet Deal Cadet
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Yes. Already India is at around 3.5 trillion mark now. So all going well, 5 trillion by 2027 should be achievable. The value of Rupee vs the $ is a factor though. If we had not had the serious depreciation from 42 to nearly 84 in the past decade, then we would already be over 5 trillion today. The total growth in nominal terms is around 15 to 20% per year including inflation. So you can expect the economy to double in 5 to 6 years if the growth rate is near 8%.

Most people don’t understand economics and how GDP is calculated. There is a total growth rate in nominal terms. Then the inflation percentage called deflator is subtracted from this total growth and we are given the growth rate. For example, if the total nominal growth is 15% and inflation rate is 8% then we will hear that the economy grew at 7%. However a total of 15% has been added to the GDP. Therefore, it is possible to double the GDP in 5 to 6 years during high growth periods.

Super Stud Super Stud
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Deal Newbie Deal Newbie
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Recently the Home Minister claimed India will become an USD $5 trillion economy by FY25. However, this can only come true by 2027 only if Indian products get sold more and the stock market grows domestically.

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