India's Economic Growth Shines Amid Global Uncertainty
Prime Minister Modi highlights transformative reforms and inclusive growth at Kautilya Economic Conclave.
- India is currently the world's fastest-growing major economy, with a GDP growth of 8.2% in fiscal 2024.
- The government has implemented significant structural reforms over the past decade, contributing to this economic success.
- India's Production-Linked Incentive (PLI) schemes have attracted investments worth ₹1.25 lakh crore, boosting local manufacturing.
- Prime Minister Modi emphasized the inclusive nature of India's growth, with 250 million people lifted out of poverty.
- Finance Minister Nirmala Sitharaman projects that by 2047, India will emerge as a developed nation with a focus on equity and innovation.