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India Shall Become 5 Trillion-Dollar Economy Despite Present Slowdown: Amit Shah

Author : Odisha Today Bureau | Posted on: 2019-12-01

Home Minister Amit Shah said that the current economic slowdown is a “Temporary Phase” and the country will be a 5 trillion-dollar economy by 2024.

 

Shah has said that country’s economy has moved from the era of policy paralysis, scams and corruption pre-2014 to an era of bold, transparent and decisive decision-making under the Prime Minister Narendra Modi-led government.

 

Addressing the Economic Times Awards for Corporate Excellence in Mumbai, the Home Minister asserted that the industry and market will tide over this temporary crisis despite a slowdown. Shah assured the industry that the “government is standing solidly behind them and is tackling all the challenges in a proactive fashion”.

 

Expressing hope that the industry and market will tide over this temporary crisis despite a slowdown, the Home Minister assured the industry that the "government is standing solidly behind them and is tackling all the challenges in a proactive fashion".

 

He said that the last 5 years were of the "detoxification of the economy" and in the next five years a "series of reforms" will be taken to make it one of the most powerful economies of the world.

 


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