How India can become 5 trillion Economy Introduction If we look at the last 5 years of India's economy, on an average, India has grown at about 7.5%. Growth in recent times has dipped. But whether it's cyclical or structural is the question. The challenge for India is really to grow at high rates over a 3-decade period. It's not just about a $5 trillion economy till 2024, or a $10 trillion economy by 2030. The challenge for India is to grow at 8% to 9% per annum, year after year, for three decades or more. · Prime Minister had announced the target of a $5 trillion economy for India by 2024. This will make India the third-largest economy in the world. · The focus of plans will be on boosting services sector contribution to $ 3 trillion, manufacturing to $ 1 trillion and Agriculture to $ 1 trillion. What is a $5-trillion economy? · ...