This dream related to India's economy will happen by 2047, you just have to do this work

Ronit Kawale
Ronit Kawale - Senior Editor
2 Min Read


New Delhi. Krishnamurthy Venkata Subramaniam, India's executive director at the International Monetary Fund (IMF), said the Indian economy could grow at 8 percent by 2047 if the country can double down on good policies implemented in the last 10 years and accelerate reforms. . Subramaniam said that clearly the growth rate of eight percent is ambitious because India has not been able to grow at the rate of eight percent continuously before, but it can be achieved.

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“The kind of growth India has seen in the last 10 years can be achieved if we double down on the good policies implemented in the last 10 years and accelerate reforms,” ​​Venkat Subramaniam said at the Times Now Summit on Thursday. So India can grow at the rate of eight percent from here till 2047.

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Figures were better than expected
India's economy grew at a better-than-expected 8.4 percent rate in the last three months of 2023, which is the fastest pace in the last one and a half years. On the basis of the growth rate in October-December, the estimate for the current financial year was increased to 7.6 percent. Subramaniam said, “If India grows at the rate of eight percent, then by 2047 India can become a US $ 55 trillion economy.”

India's executive director at the IMF also stressed the need to encourage the manufacturing sector for employment generation. Let us tell you that despite the weak global situation in the last 2 years, India's economy has performed well. Many international agencies have increased India's GDP estimates.

Tags: Business news in hindi, GDP growth, India economy, India GDP

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