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Home > All news > Economy, Report & Analysis > New Government to inherit strong economy, focus on making India developed nation by 2047

New Government to inherit strong economy, focus on making India developed nation by 2047

June 6, 2024
Reading Time: 3 minutes
IMF raises India’s FY24 growth forecast to 6.7 %

NEW DELHI : India’s world record beating economic growth rate together with robust tax revenues, a fast expanding digital and financial infrastructure, and a strong manufacturing sector, will give the new government, a base for unleashing next generation reforms that may make the country a developed nation by 2047.

The new government will however have to tackle with problems like unemployment and rural distress, which seemed to have played a major role in voting pattern in states like Uttar Pradesh, while also keeping inflation under control.

Given that no party, including . . .

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