United States is optimistic for India’s $5 trillion economy goal.
$ 5 Trillion economy goal is on completion version; says US Treasury Secretary Steven Mnuchin. US will
also aim to focus on the changes pertaining to structural reforms made by Government of India. There
are various economic reforms done in recent week to give a boost to slowing economy. The said goal is
expected to get accomplished by 2024. It is expected that this plan will be a powerhouse and will shift
India from 7th position to 3rd position when it comes to current exchange rates. The recent announced
schemes and policies will bring in new investments and some good news for India.
Nirmala Sitharman also added up that there is wider range of discussions over a host of issues that
happened. In the month of October this year, she also made an announcement that there would be
host of negotiations between India and United States on a trade deal that will happen in full speed. Even
on the Iran issue the treasury secretary stated that US is also working with allies to assure that there is
enough oil and the sanctions to be done will safeguard interest even of other nations.
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