2014-2024: Decade of Transformative Growth

Government Assumption in 2014

  • PM Modi's government initiated structural reforms, strengthening macroeconomic fundamentals.
  • India emerged as the fastest-growing economy among G20 nations.
  • Estimated GDP growth: 7.3% (2023-24), following 9.1% (FY22) and 7.2% (FY23).
  • Post-pandemic recovery led to a decline in urban unemployment (6.6%).
  • Extension of Pradhan Mantri Gharib Kalyan Anna Yojana until December 2028 for 80 crore citizens.

Infrastructure Development and Educational Progress

  • Record pace expansion of road, rail, and air networks.
  • Significant growth in airports, universities, and female enrollment in higher education.
  • Gross Enrolment Ratio (GER) for girls increased from 12.7% (FY10) to 27.9% (2020).
  • Total higher education enrollment increased from 3.4 crore (2014) to ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Indian Economy: Past, Present And Future