According to India’s Chief Economic Adviser, the Indian economy is expected to grow steadily between 6.5% to 7% from this year until 2030, without further reforms. This is due to the country being on “auto-pilot” mode, aided by initiatives such as the Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code (IBC). The CEA further stated that macroeconomic stability has been achieved, and advised that infrastructure investments be prioritized to further bolster the economy. The prediction is seen as optimistic, but experts have pointed out challenges such as rising inflation and global economic conditions.
Indian Economy to Grow Steadily in Auto-Pilot Mode
The Indian economy is now on “auto-pilot” mode and will grow steadily in the range of 6.5% to 7% from this year till 2030, even without further reforms, Chief Economic Adviser (C...
Latest from Blog
Doctors in the Upstate are conducting clinical trials on a cancer immunology vaccine that has the
A tiny fragment from the most dangerous asteroid in the solar system has arrived in the
Scientists have discovered a planet that is way too big for its tiny star. Its existence
No. 4 Florida State is aiming to win their 16th conference championship, taking on No. 14
Prince Harry and Meghan have been left off the guest list for the high society wedding
