💨 Abstract

The Chief Economic Adviser, V Anantha Nageswaran, stated that India needs to prepare for optimal global situations to achieve a faster growth rate and become a developed nation by 2047. He attributed the current economic slowdown to global factors and highlighted that India remains the fastest growing large economy. The Economic Survey indicates a need for an 8% growth rate for two decades to achieve this goal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖