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Research Paper | Economics | India | Volume 10 Issue 5, May 2021 | Rating: 5 / 10
A Study on Possibilities of India for being $5 Trillion Economy till 2025 Considering COVID-19 Crises
Somya Saran
Abstract: The report's objective is to study India's potential to be a 5 trillion economy by 2025, considering Covid-19 Crises. The focus is on developing and strengthening numerous market segments and ecosystems to accomplish the projected objective. As the budget given by Nirmala Sitharaman [Finance Minister], the primary attention has been on the infrastructure sector, agriculture sector, and healthcare. In this report, various methods have been identified and evaluated to determine India's prospects for a 5 trillion economy by 2025. It has been found that the government focusing on achieving this goal with great passion and eagerness. Additionally, the government announced a post epidemic model, Atma Nirbhar Bharat; to make India self-reliant. Further, Secondary data has been used to identify India's prospects for being a 5 trillion economy by 2025. Qualitative methods will be used to gain knowledge about the purpose of the current report. The researcher has extensively researched all the data and literature, documents, journals to make accurate conclusions and results.
Keywords: $5 trillion economy, PM Narendra Modi, ASPIRE, MUDRA bank, ATAL innovation mission, modified particular incentive package scheme, single point registration scheme
Edition: Volume 10 Issue 5, May 2021,
Pages: 94 - 96