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How to revive Indian economy?
Theme:- The Indian economy was struggling even before the COVID-19 pandemic, but the pandemic made the situation worse.
- International Monetary Fund (IMF) projected a contraction of 4.5% for India’s economy in FY21. So, after many decades, this financial year’s GDP
Can India become a $5 trillion economy by 2024?
Context:- The present government of India has set a target to make India a $5 trillion economy by 2024. So, there are debates on whether this goal is achievable or not.
- India’s GDP in 2018 was $2.73 trillion dollars.