India - a 3.5 trillion economy by 2020.

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by w4wealth, Dec 19, 2015.

  1. w4wealth

    w4wealth Well-Known Member

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    Sonal Verma: Yes, India can easily become a 3.5 trn dollar economy by 2020. We are already a USD2trn economy, growing at nominal rate of around 11.5% (7.5% real + 4% inflation). So it is not a tough ask. What we need to do is ensure policies are enacted that sustain our growth at 7.5-8% without generating inflationary pressures.
    Sonal Varma, Executive Director & India Economist, Nomura India, said the Indian economy is showing very credible signs of recovery.

    Read more at:
    https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst



    Read more at:
    https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
     
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