Indian Economy

India has retained its position as the fastest growing economy in the world, with its gross domestic product (GDP) being projected to expand at 7.5 per cent in 2019-20. The prominent growth drivers for the third largest economy in the world (PPP) are Domestic Consumption, Gross Fixed Capital Formation, Exports and Government initiated Policy Reforms. India aspires to be a high-middle income country by 2030 – for a country with a billion plus population, this implies consolidating on its innate comparative advantages and leveraging opportunities out of seemingly endemic challenges.

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