India can become USD 5 trillion economy much before 2028: Puri

Union minister Hardeep Singh Puri on Tuesday asserted that India can become a five trillion dollar economy much before 2028 and said the country’s energy transition needs to be done in an orderly manner to safeguard the interests of its large population.

Puri, the minister for petroleum and natural gas as well as housing and urban affairs, said India is aware of its commitments towards sustainability goals and will meet all the targets in time while meeting the requirements of a growing economy.

He was speaking at a CII-EY breakfast session on ‘accelerating India’s energy transition towards sustainable economic growth’ on the sidelines of the World Economic Forum Annual Meeting 2024.

”I don’t think we need to wait till 2028 to become a five trillion dollar economy, and if you look at what is happening, it should happen much before 2028,” he said while listing various macroeconomic parameters.

SOurce: devdiscourse