PM Modi reveals 'Our dreams are bigger than $5 Tn economy', hours after meeting India Inc.

Unfolding his vision for dece, PM Narendra Modi, on Monday, stated that his dreams and hopes for India extended furr than $5 trillion ecomy, while dressing at centenary celebrations of Kirloskar Group in Delhi. Stating that this dece belonged to entrepreneurs, he said that Indian government stood with industry as a partner. Moreover, he ded that government was focused in investing Rs.100 lakh crores in next years in infrastructure sector.

PM Modi meets Indian business stalwarts to discuss job creation ahe of Budget 2020

PM Modi: 'Larger dreams than $5 trillion ecomy'

"As we enter new dece, I would like to say that dece would be of Indian entrepreneurs. dream to make India a $5 trillion ecomy is just a step. We have bigger dreams and larger hopes. real capability of entrepreneurs will come to fore only when Govt stands beside India, Indians, and Industry as a partner," he said.

He ded," Work is on to invest Rs 100 lakh crore on public infrastructure to ease living for people of India. It is being done at a faster rate than past. corporate tax rate in India today stands at lowest ever. Goods & Services Tax reform or Public Sector Banking reforms h been awaited for a long time. Today, it has been me true to remove any hindrances in growth of Indian industry."

FM Nirmala Sitharaman anunces 'Infra projects worth 102 lakh crores identified'

PM Modi meets business stalwarts

Earlier in day, he met with India's top business stalwarts and discussed ways to improve growth in country. Present in meeting were table businessmen like Anand Mahindra (Mahindra & Mahindra), Ratan Tata (Tata Sons), Mukesh Ambani (Reliance), Gautam ani (ani Industries) to name a few. This move comes after Finance Minister Nirmala Sitharaman met businessmen to express ir concerns ahe of Union Budget anuncement on February 1.

India may surpass Germany to become fourth-largest ecomy in 2026: Report

CII predicts Ecomy rise in 2020, Indian GDP at 4.5%

Amid growing concerns over ecomy, Confederation of Indian Industry (CII) predicted that ecomy would recover and overcome its slowdown in 2020.  This development comes a few days after Centre for Ecomics and Business Research (CEBR), a UK based think tank stated that India would achieve goal of $5 trillion ecomies by year 2026. Currently, India's second-quarter GDP (July-September) numbers stood at 4.5% - slowest growth in almost seven years.

Days after encouraging think tank report, CII predicts recovery of Indian ecomy in 2020