Business energy to power India to become $5-trillion economy: RBI Governor

The RBI will continue to unlock entrepreneurial energies and set the country firmly on track to become $5 trillion economy in the next five years, Governor Shaktikanta Das said in Singapore on Friday.

The RBI chief said the slight slowdown in the last quarter was a temporary one and the economy is likely to end the fiscal with higher growth rate of close to 7 per cent.

“The policy focus will continue to be on unlocking…entrepreneurial energies and set India firmly on the trajectory towards its aspirations of becoming a $5 trillion economy within the next five years,” he said at a dialogue with Indian business community.

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