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Favourable conditions exist to make India $5 trillion economy by 2024: DPIIT Secretary

04 Oct 2019 Evaluate

DPIIT Secretary Guruprasad Mohapatra has said that with a strong policy driven government at the centre and states, favourable conditions exist to achieve goal to make India a $5 trillion economy by 2024 and $10 trillion economy by 2030. He also expressed hopes that this captainship of the industry by the government will steer India to achieve the milestone.

Mohapatra has stated that the government has worked towards ease of doing business over the past five years. He said 'in ease of doing business, we have achieved much success. Right now we are at 77th position...expect it to get better in the next rankings.’

DPIIT Secretary has pointed out that the country has a strong startup ecosystem and the recent policy measures announced by the government would further help to bring investments. He added that deliberations at the World Economic Forum (WEF) would further give government ideas in order to get moving forward.