India is set to become a $5 trillion economy by 2024 and is likely to overtake the UK this year to become the fifth largest economy in the world, Union Minister Hardeep Singh Puri said Friday. "We are a $2.8 trillion economy. We are moving from this to 3 trillion dollar economy and $5 trillion economy by the time the next elections take place. I have absolutely not doubt that by 2030 we'll be a $10 trillion economy," Puri said. "Use of technology to create smart cities and ease of living, all that is work in progress.

Source: Mint June 14, 2019 14:48 UTC