India on path to become $30 trillion economy in next 30 years on strong GDP growth: Piyush Goyal
Executing optimism over India’s economic growth, Commerce Minister Piyush Goyal has said that with strong gross domestic product (GDP) growth, the country is on the path to become a $30 trillion economy in the next 30 years. He added that the country is currently $3-3.5 trillion economy and soon will achieve $5 trillion.
He said ‘as we move to a $5 trillion economy...we are well poised on track to aspire to be a $30 trillion economy in the next 30 years. It doesn't need any rocket science. All it needs is understanding that the power of our demographic dividend, the youth power and the power of democracy, which India proudly represents’.
He further said that at a Compounded Annual Growth Rate of 8 per cent, the goal of $30 trillion economy would be achieved sooner or later. He highlighted that women would play an important role in the growth of India and there is always space for them on the high table.
