Growth
Objectives
Steadily accelerate the gross domestic product (GDP) growth rate to achieve a target of about 8 per cent during 2018-23 (note that this target has been set to catalyse policy action and does not represent a forecast). This will raise the economy’s size in real terms from USD 2.7 trillion in 2017-18 to nearly USD 4 trillion by 2022-23. Besides having rapid growth, which reaches 9-10 per cent by 2022-23, it is also necessary to ensure that growth is inclusive, sustained, clean and formalized.
The investment rate should be raised from 29 per cent to 36 per cent of GDP which ....
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Spotlight
- 1 India and the Quad : Fostering Partnership for a Secure and Prosperous World - By Alok Singh
- 2 India-Poland Relations :The Leap towards Strategic Partnership - By Ranjeet Shah
- 3 Services Sector : Propelling India’s Economic Growth - By Ranjeet Shah
- 4 Securing India’s Cyberspace - By Ranjeet Shah
- 5 DPI: A Fundamental Driver of India's Social Transformation - By Dr. Amarjeet Bhargava
- 6 Climate-Smart Agriculture Ensuring Sustainability and Food Security - By Ranjeet Shah
- 7 India’s Patent Regime : Fostering Innovation and Economic Development - By Dr. Amarjeet Bhargava
- 8 Green Energy in India : Vision, Prospects & Challenges - By Ranjeet Shah
- 9 Digital Transformation of Rural India : Leveraging Technology for Development of Rural Communities - By Dr. Amarjeet Bhargava
- 10 Indian Women in STEM : Need to Foster Diversity and Inclusion