Vision of a New India – USD 5 Trillion Economy

(UNI) The Commerce and Industry Ministry is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a USD 5 trillion economy before 2025.

The focussed plans will be on boosting services sector contribution to USD 3 trillion, manufacturing to USD 1 trillion and Agriculture to USD 1 trillion.

The Ministry has created a corpus of USD 1 billion to boost 12 champion sectors in services and it is working on releasing the New Industrial Policy keeping in mind the demands of the future.

Further, all efforts of both the Department of Commerce and Department of Industrial Policy and Promotion have been towards achieving the goal of India becoming USD 5 trillion economy.