Economic Survey: Boosting investment key to making India $5 trillion economy by 2025 | Explained News, The Indian Express

Economic Survey: Boosting investment key to making India $5 trillion economy by 2025 | Explained News, The Indian Express

Edited by Explained Desk |New Delhi |Updated: July 4, 2019 4:29:17 pm

Economic Survey: Boosting investment key to making India $5 trillion economy by 2025

The economic growth of this type, in turn, can only be sustained by a “virtuous cycle” of savings, investment and exports catalysed and supported by a favourable demographic phase.

At the outset, the Economic Survey states that India’s real GDP needs to grow at 8% each year to achieve this goal.

The latest annual Economic Survey, the first one to be presented by the Chief Economic Adviser Krishnamurthy V Subramanian, is dedicated to achieving the goal of making India a $5 trillion economy by 2025. For this purpose, the whole document geared towards providing the “strategic blueprint for fructifying this vision”.