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India's $20 Trillion Economy Goal by 2036 Hinges on Key Reforms

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India has the potential to become a $20 trillion economy by 2036, provided it implements a comprehensive set of structural reforms. The services sector is expected to be the primary growth engine, accounting for more than 65% of GDP. A proposed 20-step reform agenda focuses on improving tax systems, including GST, and strengthening capital markets. Global capability centers and the tourism industry have been identified as significant contributors to this economic expansion. Experts stress that disciplined and effective execution of these measures will be critical to achieving the ambitious target.

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India's $20 Trillion Economy Goal by 2036 Hinges on Key Reforms · ShortSingh