Economic recovery faster than expected, confident of meeting $5-trn target by 2024: PM

NEW DELHI: The Indian economy is getting back on track faster than expected as a timely lockdown and various relief measures announced by the Government helped address issues faced by all sections of society and all economic sectors due to the COVID-19 pandemic, Prime Minister Narendra Modi has said.
He also expressed confidence that the target of making India a USD 5-trillion economy will be achieved by 2024, saying that the crisis gave the Government an opportunity to carry out reforms that were waiting to happen for decades but no one earlier took the initiative.
“Reforms across sectors such as coal, agriculture, labour, defence, civil aviation and so on have been undertaken which will help us get back on the high growth path that we were on before the crisis,” Modi said in an interview published in the Economic Times newspaper on Thursday. (AGENCIES)