Can India become a $5 trillion economy? – BBC News

Can India become a $5 trillion economy? - BBC News
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“India has unveiled an ambitious plan to transform itself into a $5 trillion economy over the next five years. For perspective, that would take the second most populous country in the world into third spot after the United States and China.

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But it’s not going to be easy, and even the government accepts that. Experts say there are many bottlenecks.The country faces high unemployment, a continuing farm crisis, and rising trade tensions. Growth has been slowing and there are no immediate signs of a turnaround.

But the government of Prime Minister Narendra Modi, which has presented the first budget of its second term in office, says concerns have been addressed.

We talk to a top industrialist, an independent economist and an entrepreneur to look at the roadmap to achieve this ambitious target, and ask whether the budget can return India to high-trajectory growth.

Presenter: Devina Gupta

Contributors: Vikram Kirloskar, president, Confederation of Indian Industry (CII); Sairee Chahal, founder, SHEROES (a platform for women job seekers); Renu Kohli, independent economist.

From Delhi, #WorklifeIndia reflects on money, work, family and business.”

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