16.8.21

Economy at $5tn will double our per capita income: Puri

Union minister Hardeep Singh Puri said that the per capita income of Indians will double when the economy grows to $5 trillion. The Narendra Modi government has set the 2025 target to achieve this goal. Speaking at the Times Now “Freedom Summit”, Puri said, “You know we were a $2.9 trillion economy pre-Covid, but our per capita incomes are low. When you move to a $5 trillion economy, per capita income will double, if not go higher.”

He added that the economic policies that the Modi government has unleashed will make India a $5 trillion economy in the next four years and a $10 trillion economy by 2030.

On the government’s focus on Atmanirbhar Bharat, Puri said the young generation did not go through the earlier developmental pangs. “But today Atmanirbharta is not something that should be looked at as inward looking. There is one thing that we learnt in the last two years, and may be even in the period earlier, that in order to be able to stand on your own feet, you must have your own entrepreneurial spirits unleashed. You must have your own production processes operational.

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