APN News

  • Monday, December, 2023| Today's Market | Current Time: 12:55:26
  • Indian economy to reach 5 dollar trillion by 2022, says PM

    Published on September 20, 2018

    Prime Minister Narendra Modi has said that India is targeting to be a five-trillion dollar economy by 2022.

    Speaking at the foundation laying ceremony of India International Convention and Expo Centre (IICC) in New Delhi this evening,  the Prime Minister said that the country’s macroeconomic fundamentals are strong and the manufacturing and agriculture sector would contribute one trillion dollar each to the economy.

    Mr. Modi said the country’s economy will grow at over 8 per cent rate with massive employment generation being seen in IT and retail sectors.

    The Prime Minister said the India International Convention and Expo Centre is estimated to generate five lakh employment opportunities.

    Mr. Modi said the country witnessed all-round development in the last 4 years of NDA governments rule and it was possible because the government kept interests of the country paramount.

    The Prime Minister said the government established am honest and transparent Governance system.

    Citing the government’s decision to merge three public sector banks to create the country’s third-largest lender, Mr. Modi said the government will not shy away from taking tough decisions in the national interest.


    Leave a Reply