the NDA government from 2014 to 2024 will see India grow from a nearly $2-trillion economy to $3.7 trillion—an absolute growth of 95% at 7% CAGR in dollar terms despite Covid-19. Per capita income is $2,600. In rupee terms, nominal GDP has grown from ₹113 lakh crore in FY14 to an estimated ₹302 lakh crore in FY24—an absolute growth of 167% at 10.3% CAGR, again despite the global recessionary effects of the pandemic. This is an outstanding achievement; this period has recorded the best growth in India’s economic history. The nation is now
India @2029: A Leading Global Power
Feb 02, 2024
3 minutes
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