The Economic Survey 2018-19 in its theme speaks about enabling to "shifting of gears" to achieve the objective of becoming India a $5 trillion economy by 2024-25.
CAs appeal to the professionals around the world to come together to present the true picture of India and counter baseless allegations with political motivations
The Indian manufacturing industry is mainly comprised of chemicals, machinery, metals, and textiles. The increasing growth in the manufacturing sector is attributed to Prime Minister Narendra Modi’s ‘Make in India’ initiative, which seeks to transform manufacturing in the country.
The report estimates a total of 13.5-14.9 million job additions per annum by the Narendra Modi government. These estimates are again indicative of robust job creation in the economy over the last five years.