Chapter 5: Medium-Term Outlook - Deregulation Drives Growth
- Indian economy is in the middle of a change that represents an unprecedented economic challenge and opportunity. Geo-Economic Fragmentation (GEF) is replacing globalization leading to imminent economic realignments and readjustments.
- To realize the vision of Viksit Bharat by 2047 India will need to achieve a growth rate of around 8 per cent at constant prices, on average, for about a decade or two.
- The Medium-term growth outlook for India must consider the new global realities - GEF, China's manufacturing prowess, and dependency of efforts for energy transition on China.
- India to focus on systematic deregulation to reinvigorate the domestic levers of growth and ....
Do You Want to Read More?
Subscribe Now
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 before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
Survey 2024-25
- 1 Chapter 1: State of the Economy - Getting Back into the Fast Lane
- 2 Chapter 2: Monetary and Financial Sector Developments - The Card and the Horse
- 3 Chapter 3: External Sector - Getting FDI Right
- 4 Chapter 4: Prices and Inflation - Understanding the Dynamics
- 5 Chapter 6: Investment and Infrastructure - Keeping it Going
- 6 Chapter 7: Industry - All about Business Reforms
- 7 Chapter 8: Services - New Challenges for the Old War Horse
- 8 Chapter 9: Agriculture and Food Management - Sector of the Future
- 9 Chapter 10: Climate & Environment - Adaptation Matters
- 10 Chapter 11: Social Sector - Extending reach and driving empowerment