Economy can double in seven-eight years at the rate of eight per cent: NITI Aayog

NITI Aayog Vice Chairman Rajiv Kumar said on Saturday that India’s economy can double in seven-eight years if the growth rate of eight per cent is maintained.

Speaking at an event here, Kumar said it is possible to do so as the economy has maintained a growth rate of 8.5 per cent for a long time.

Kumar said, “Everything is normal, if the fourth wave of the epidemic does not come or the Ukraine crisis does not have a serious impact, then we can grow at the rate of eight per cent as we have done it before. If this happens, the economy can double in 7-8 years.”

He said that the target of $5000 billion economy is not redundant as the country’s economy has already become $2700 billion.

Leave a Comment

Your email address will not be published.