IMF Chief Economist said: India has the potential to become a $10 trillion economy, just these steps have to be taken


Posted on 13th Oct 2022 04:05 pm by rohit kumar

International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas has praised the Indian economy. He said that the Indian economy is booming at a time when the world is facing the prospect of recession. He said that India has the potential to touch a USD 10 trillion economies. If some concrete steps are taken, then soon you will achieve your goal. He said that the emphasis will have to be on investment in education and health.

 

 

 

Did you know?Explore Trending and Topic pages for more stories like this.

India has the potential to become a 10 trillion US dollar economy

Pierre-Olivier Gourinchas said that India has the potential to become a $10 trillion economy. He said I mean, we have seen many countries in the past grow very fast and grow fast too. He said that it is a bit difficult for many countries to become a USD 10 trillion economy but there is a huge potential for an economy like India. To do this, India needs to undertake several structural reforms.

 

 

 India will have to invest in these areas: IMF

The Chief Economist of the IMF said that India has to take some concrete steps to become a $10 trillion economy. He said that investments are happening here in buildings and roads, but if there is an investment in human resources, human capital, health, education, etc., then India will move forward rapidly.

 

India is doing better than many countries

Pierre-Olivier Gourinchas said that India is one of the largest economies. So, when it's growing at solid rates like 6.8 or 6.1, it's noticeable. In a picture where all other economies and advanced economies rarely grow at that pace, if India is still doing well, it is a good sign.

 

Also Read: Inflation: Wheat, rice, and pulses became expensive by five percent in two days, oil and flour prices also increased during the festive season

1 Like 0 Dislike
Previous news Next news
Other news

Billionaires List: Gautam Adani slipped to number 25 in the list of the rich, the group's market cap below $ 100 billion

The wealth of Gautam Adani, head of the Adani Group, which is involved in the business from ports

Bengal Files: Shashvat Chatterjee shrugged off the ongoing controversy over 'Bengal Files', said- 'I am not a historian'

Vivek Agnihotri starrer 'Bengal Files' is currently surrounded by controversies. There was a lot

WhatsApp Tests Age Verification in India: Will Users Need to Share Their Date of Birth?

WhatsApp has started testing a new age-verification feature with a limited number of users in Ind

Nubia Red Magic 9 Pro: New gaming phone launched with a 6500mAh battery and up to 16GB RAM, check the price and features

Nubia has launched Red Magic 9 Pro in China only last month. After China, this phone has now been

India's role in the 21st-century world is important: India openly put forward its interests due to the Russia-Ukraine war

India's Foreign Minister S Jaishankar had said in an interview – Gone are the days when the

WTC: Bumrah created history, the first Indian fast bowler to take 100+ wickets in the World Test Championship, said this

India made a strong comeback in the five-match Test series against England and won the second mat

India expressed concern over the closure of girls' education in Afghanistan, the world community also criticized a large scale

India has also expressed concern over reports of the Taliban in Afghanistan stopping the admissio

'If Aurangzeb's grave is not removed then...' Police on alert on VHP and Bajrang Dal's warning; Heavy force deployed outside the tomb

Aurangzeb's tomb in Sambhajinagar district of Maharashtra is in danger. Bajrang Dal and Vishwa Hi

Bengal Violence: Post-poll violence continues in Bengal; bomb hurled in Panihati, five BJP workers injured.

At least five BJP workers were injured after crude bombs were hurled at them in the Panihati area

'India had great players, we had children with two teeth; Former Pakistan captain made a shocking disclosure

Controversy is going on regarding the match between India and Pakistan in Asia Cup 2023. At the s

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash