India to become $5 trillion economy by 2024: Amit Shah
Mumbai: Home Minister Amit Shah on Saturday expressed hope that by 2024, India would become USD 5 trillion economy and be placed among the top five global economies.
The last five years were of the detoxification of the economy and in the next five years, a series of reforms will be taken to make it one of the most powerful economies of the world, Shah said.
India is already a destination of global companies due to its huge market and FDI is at record level today, the minister said.
"In 2014, in the list of world economy, we stood at 11th with the size of economy at USD 2 trillion. And after five years, today we have moved from 11 number to 7 and have reached USD 2.9 trillion and I have full confidence that by 2024, we will achieve the target of USD 5 trillion," he said here at an event of the Economic Times.
On ease of doing business ranking, he expressed confidence that india's rank will be within top 30th before 2024.
"India was at the rank of 142 in 2014, but in the last five years we jumped to 77 and by 2024, India will be somewhere at the rank of 30," Shah said.
India is a global investment destination and industry should not lose confidence simply because of temporary growth slowdown, the minister noted.
"Indian economy and markets will emerge stronger from this because of the decisive, bold leadership that India is currently under.
"While growth has slowed down, the pace of reforms has not. Making India a USD 5 trillion economy is a shared responsibility between the government and the private sector," Shah said.
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Three footballers of Indian origin named in squads for FIFA World Cup 2026
New Delhi: Three footballers of Indian origin have been named in preliminary or final squads for the upcoming FIFA World Cup 2026, scheduled to be held across the United States, Mexico and Canada from June 11 to July 19.
According to a report published by Mathrubhumi, Sarpreet Singh was included in the New Zealand national football team squad which was announced on Wednesday.
Born in Auckland to Indian parents, Singh was eligible to represent India through his family roots but chose to play for New Zealand. The 27-year-old attacking midfielder made his senior international debut in 2018 and has since become a regular member of the national side.
Singh has made 26 appearances for New Zealand and has scored three goals while providing seven assists.
Julen Lopetegui has included two players of Indian origin: Niall Mason and Tahsin Mohammed, in Qatar’s selections for the tournament.
Mason, a defender whose mother is Indian, previously trained in the youth academies of Real Madrid, Southampton FC and Aston Villa FC. Although he received his first senior call-up earlier this year, the Qatar defender is yet to make his senior international debut.
Tahsin Mohammed, 19, was born to parents from Kerala’s Kannur district. His father Jamshid is from Thalassery, while his mother Shaima belongs to Valapattanam. The winger became the first player of Indian origin to feature in the Qatar Stars League, Qatar’s premier domestic football competition.
Mohammed has made two appearances for the senior Qatar side, including in a World Cup qualifier against Afghanistan in June 2024.
The FIFA World Cup 2026 will be jointly hosted by United States, Mexico and Canada.
