India is likely to become 20 Trillion economy by 2040, says CEA Anantha V Nageswaran
Sunday, July 3, 2022
  • Circulation
  • Advertise
  • About Us
  • Contact Us
Organiser
  • ‌
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Sports
  • Business
  • More
    • RSS in News
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
SUBSCRIBE
No Result
View All Result
Organiser
  • ‌
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Sports
  • Business
  • More
    • RSS in News
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
No Result
View All Result
Organiser
No Result
View All Result
  • Home
  • Bharat
  • World
  • Editorial
  • Opinion
  • Analysis
  • Culture
  • Defence
  • RSS in News
  • Subscribe
Home Bharat

India is likely to become 20 Trillion economy by 2040, says CEA Anantha V Nageswaran

“India is forecasted by IMF to cross $5 trillion by 2026-27 and if the dollar GDP of the country doubles every seven years, we will be at $20 trillion GDP by 2040 with a per capital income of close to $15,000,” V Anantha Nageswaran said.

WEB DESK by WEB DESK
Jun 9, 2022, 07:19 pm IST
in Bharat
Share on FacebookShare on TwitterTelegramEmail

On Wednesday, Chief Economic Advisor (CEA) Anantha V Nageswaran said that the size of the Indian economy is projected to cross USD 5 trillion in 2026-27 and will likely become USD 20 trillion by 2040. He made the remarks while addressing an event organised by the Department of Economic Affairs.

Nageswaran also stated that the structural reforms of the Central Government, such as the Goods and Services Tax (GST) and the Insolvency & Bankruptcy Code (IBC) will manifest their advantages and potential in the coming decade, once the current clouds of global political developments and macro monetary policy challenges dissipate.

He underlined that for these reasons, India is forecasted by the International Monetary Fund (IMF) to cross USD 5 trillion by 2026-27.
He also talked about the possible growth of GDP by 2040. “If the GDP of the country doubles every 7 years, we will be USD 20 trillion GDP by 2040 with the per capita income close to USD 15,000” he said, as reported by news agency ANI.

Download Organiser App
Topics: RupeesIndiaIndian EconomyBharat#Top
ShareTweetSendShareSend
Previous News

PM Modi to dedicate Medical College in Navsari on June 10

Next News

India denies having any discussion on ‘derogatory’ remarks against Mohammad during meeting with Iran’s FM

Related News

All Above 18 Eligible for Vaccination From May 1, Announces Centre

India’s COVID vaccination coverage exceeds 197.95 cr

Prime Minister Narendra Modi speaks to Russian President Putin on phone

Amid tough balancing roles, PM Modi speaks to Putin

“She should have gone to the TV and apologised to the nation”: Supreme Court blames Nupur Sharma for Udaipur beheading

“She should have gone to the TV and apologised to the nation”: Supreme Court blames Nupur Sharma for Udaipur beheading

Discounting Black Sheeps, Country Stands United to Fight the New Wave of Covid-19

India reports 17,070 new COVID cases in last 24 hours

‘Rape, pregnant or love affair? Mamata Banerjee on Nadia rape case; BJP lashes out at CM’s ‘shameful’ remark

‘Centre wants to give jobs to BJP workers’: CM Mamata Banerjee on Agnipath Scheme

Govt of India sets ball rolling for hosting G-20 in 2023

Govt of India sets ball rolling for hosting G-20 in 2023

Comments

The comments posted here/below/in the given space are not on behalf of Organiser. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Latest News

DEFENCE SCAN:  RAKSHA MANTRI REVIEWS SECURITY SITUATION IN JAMMU & KASHMIR

DEFENCE SCAN: RAKSHA MANTRI REVIEWS SECURITY SITUATION IN JAMMU & KASHMIR

Silence of the Lions

Silence of the Lions

Conversion by Church : Jainism Facing  Existential Threat

Conversion by Church : Jainism Facing Existential Threat

Amravati Beheading: Mastermind Shaikh Irfan sent to police custody till July 7

Amravati Beheading: Mastermind Shaikh Irfan sent to police custody till July 7

All problems of northeast will be solved by 2024, Amit Shah tells BJP meet

All problems of northeast will be solved by 2024, Amit Shah tells BJP meet

Maharashtra: Eknath Shinde, Devendra Fadnavis sworn in as Chief Minister, Deputy CM at Raj Bhawan

PM Modi, Shah’s decision to make me CM opened eyes of many: Eknath Shinde in Maharashtra Assembly

PM Modi’s directive to recruit 10 lakh people in 1.5 years will bring new hope and confidence among youth: Amit Shah

Amit Shah slams Opposition for negative politics, targeting Modi in 2002 Gujarat riots case

All Above 18 Eligible for Vaccination From May 1, Announces Centre

India’s COVID vaccination coverage exceeds 197.95 cr

BJP’s Rahul Narwekar elected as Maharashtra Assembly Speaker

BJP’s Rahul Narwekar elected as Maharashtra Assembly Speaker

Maharashtra Political Crisis: Maharashtra govt reshuffles portfolios of 9 rebel MLAs of Shinde camp

Maharashtra Assembly session begins to elect Speaker

  • Privacy
  • Terms
  • Cookie Policy
  • Refund and Cancellation
  • Delivery and Shipping Policy

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

No Result
View All Result
  • Home
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Culture
  • Sports
  • Business
  • RSS in News
  • Special Report
  • Sci & Tech
  • Entertainment
  • Education
  • Books
  • Interviews
  • Travel
  • Health
  • Obituary
  • Subscribe
  • Advertise
  • Circulation
  • About Us
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms of Use
  • Refund and Cancellation

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies