Ace investor Rakesh Jhunjhunwala projected India’s GDP growth to touch 9 per cent by 2022-2023. 'If India heads to become a $5 trillion economy by 2025, then household savings will have to go into equities,' he said. He praised Prime Minister Narendra Modi and his work. 'Modi is a distilled socialist after Lal Bahadur Shastri. He is one of the few prime ministers who have seen poverty. Modi knows how to enlarge the size of the cake. He is ready to take bold steps and at the same time knows that investment is key for the economy,” said Jhunjhunwala.
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Watch India’s GDP growth to touch 9% by 2022-2023: Rakesh Jhunjhunwala predicts With HD Quality.
Ace investor Rakesh Jhunjhunwala projected India’s GDP growth to touch 9 per cent by 2022-2023. 'If India heads to become a $5 trillion economy by 2025, then household savings will have to go into equities,' he said. He praised Prime Minister Narendra Modi and his work. 'Modi is a distilled socialist after Lal Bahadur Shastri. He is one of the few prime ministers who have seen poverty. Modi knows how to enlarge the size of the cake. He is ready to take bold steps and at the same time knows that investment is key for the economy,” said Jhunjhunwala.
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Watch India’s GDP growth to touch 9% by 2022-2023: Rakesh Jhunjhunwala predicts With HD Quality
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India's GDP or gross domestic product grew 5 per cent in the quarter ended June 30, government data showed on Friday, marking the slowest pace of expansion recorded since March 2013. The country's GDP growth was sharply lower than economists' estimates. Economists in a poll by news agency Reuters had expected the GDP growth at 5.7 per cent in the first quarter of the current financial year. #GDPData #EconomyGoneBJPmaun #GDP
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In the midst of a raging controversy over India's economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has said India is grossly overestimating its GDP growth rate.
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GDP Growth | तीसरी तिमाही में GDP कम होकर 4.4% पर आई, RBI की ओर से बढ़ाई ब्याज दरों से घटी ग्रोथ
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At Times Network India Economic Conclave 2021, Rakesh Jhunjhunwala shared why he is betting on India, said 'Not just the decade, the century belongs to India'
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Rakesh Jhunjhunwala at India Economic Conclave 2021: 'Not just the decade, century belongs to India'
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