Study of India's five trillion dollar economy Dr. Ghinmine Vitthal* Associate Professor & Head of Department Economics, Shri Saibaba Lok Prabodhan Arts College, Wadner Dist., Wardha, (Maharashtra), Cell. No. - 9689642449 *E-mail: vghinmine1980@gmail.com
Online published on 23 March, 2023. Abstract Cooperation of various sectors of the Indian economy is necessary for makig five trillion dollar economy of India. It is necessary to invest in all sectors of the economy, in which important steps need to be taken to attract public investment and foreign direct investment. Holastic economic development of agriculture sector has to be ensured. India's economy cannot develop without the development of agriculture. Apart from this, it is mandatory to have the cooperation of the manufacturing sector. For this, the key infrastructure will have to be strengthened, land acquisition law, labor law will have to be made flexible. Apart from this, the infrastructure like electricity, roads have to be strengthened. The service sector in India's economy can be expanded through financial services, communication services, real estate, residential ownership, hotel services, and information and communication technology services, besides ensuring global competitiveness through exports. Its can be built. It is also very important to have cooperation in the industry, which is the cornerstone of Industry 4.0. India's five trillion dollar economy can be built through all these sectors. Top Keywords Public Private Partnerships, Inclusive Economic Growth, Global Reforms, Industrial Revolution, Research Leadership, Regulatory Uncertainty. Top |