New Delhi: With a strong policy driven government at the Centre, favourable conditions exist in India to achieve the target of USD 5 trillion economy by 2024, a top government official said on Thursday.
"We in India are on the cusp of a great opportunity and we are targeting at reaching USD 5 trillion economy by 2024 and reach USD 10 trillion economy by 2030," DPIIT secretary Guruprasad Mohapatra said, while speaking at the inaugural session of the India Economic Summit here.
It is entirely possible in India. All right conditions exist with a strong policy is driven government both at the centre and states, he added.
"I am sure, this captainship of the industry by the government will steer India to achieve the milestone," Mohapatra said.
The government has worked towards ease of doing business over the past five years, he added.