SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India's GDP on track to double its size to $5 trillion by 2025: Garg

23 Apr 2018 Evaluate

Economic Affairs Secretary Subhash Chandra Garg has said that India is poised to remain world’s fastest-growing large economy and it is on track to doubling the size of its economy to $5 trillion by the year 2025, as the economic reforms adopted over last few years and started yielding positive results. Looking at its steady growth rate, he said that India's economy could grow at over 7.4 percent in the year 2018. Giving an overview of the South Asian countries - Bhutan, Nepal, Bangladesh and Sri Lanka - he said that India continued to be a beacon of growth in the region.

Garg has stated that in the last few years, India has undertaken big bang structural reforms toward formalisation of the economy and fostering digital financial inclusion. He also indicated that India had expanded at an average of 7.2 percent per annum in the last four years and was continuing on the sustainable growth trajectory. Besides, he believed that transformational reforms such as Goods and Services Tax (GST), and initiatives such as Insolvency and Bankruptcy code, recapitalisation of banks, and unclogging of infrastructure investments will support such elevated growth. Elaborating further, he said that India has accorded high priority to addressing its infrastructure deficit to sustain economic growth. He mentioned that government has taken several steps to mobilise funds from various sources, including from capital market, for development of infrastructure, which includes, inter alia, launching of innovative financial vehicles.

Noting that India rolled out the GST regime in July 2017, Economic Affairs Secretary said that within a short span of eight months, monthly revenue collections from GST have crossed $12.7 billion. He also highlighted that the number of dealers registered in the GST database increased by about four million in the fiscal year of the roll-out which is about 60 per cent higher than unique assesses registered earlier in the VAT network in the country. Besides, he said that India’s massive leap in the Ease of Doing Business rankings from 142 in 2014 to 100 in 2017 is testimony to India’s commitment to long-term reforms for an open and vibrant economy. He added that this is also reflected in strong FDI inflows which have grown from $34.3 billion in 2012-13 to $60.1 billion in 2016-17.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: