India can double economy in about 7-8 years if it grows at 8%: Rajiv Kumar
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/03/898cd78f7320aa0de2330a7dad3aa21d.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Expressing confidence over India’s healthy economic growth, Niti Aayog Vice-Chairman Rajiv Kumar has said that the country can double its economy in about 7-8 years if it grows at the rate of 8 per cent, which is feasible as the country has sustained a growth rate of 8.5 per cent earlier for a long time.
Kumar said ‘if things remain normal, and we are not witnessing the fourth wave of the pandemic or any ghastly outcome in Ukraine then we can achieve 8 per cent growth because we have done that. If we can do it, we can achieve the doubling of the economy in about 7-8 years’.
Highlighting that the target of becoming a $5-trillion economy is not rhetoric, he said that the country is already a $2.7 trillion economy and it just needs to double it. Noting that India has sustained an 8.5 per cent growth rate in 2003-2011, he said ‘we must recognise the fact that India is the only country which will have to achieve this growth (8 per cent) while fully taking care of the environment’.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c5541407585e9dfdc52f905c92d59e61.jpg)
Monthly Debt Market Update, September 2023: CareEdge Ratings
![Quote on RBI decision to discontinue the incremental cash reserve ratio (CRR) By Dr. Manoranjan Sharma, Infomerics Ratings](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/3fb5395769079c26d9056714d034c581.jpg)
![Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: Ajay Chaudhary](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/07e25a74a16d5c092d179215565d0295.jpg)
![3 Centres of Excellence set up by TIDCO finding good traction: Tamil Nadu Minister](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/e6ff15c8d3a72074f69cb881ab6584e7.jpg)