Indian Economy on Track to Achieve $5 Trillion Goal: Piyush Goyal

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Indian Economy on Track to Achieve $5 Trillion Goal: Piyush Goyal
04 Jan 2024
4 min read

News Synopsis

Union Minister Piyush Goyal declared the Indian economy's imminent leap towards the coveted $5 trillion milestone, projecting India to hold the third-largest GDP worldwide by 2027. Speaking at the inauguration of the 'Aatmanirbhar Bharat Utsav 2024,' Goyal accentuated the significance of collective efforts from India's 140 crore citizens, emphasizing teamwork aligned with the principles of the Panch Pran of Amrit Kaal, as outlined by Prime Minister Narendra Modi.

Collective Efforts for Economic Progress

Goyal's vision of achieving the $5 trillion target hinges on the unity and collaborative spirit of the Indian populace. He underlined the importance of unity and collaboration, resonating with the core principles set by PM Modi for economic prosperity.

Driving Tourism and Employment

Minister of External Affairs, Dr. S Jaishankar, highlighted the potential impact of the ODOP (One District One Product) initiative in fostering tourism-driven growth and subsequent employment generation. Emphasizing 'Make in India' initiatives and effective branding, Dr. Jaishankar outlined their significant contribution to boosting product demand. He acknowledged the prowess of ODOP and Geographical Indicators (GI) in promoting indigenous Indian products.

Global Recognition and Collaboration

Dr. Jaishankar emphasized the global visibility attained by India through the ODOP initiative at various G20 events during the country's G20 presidency. He acknowledged the international attention garnered by ODOP artisans, sellers, and weavers, further noting the active gifting of ODOP products to foreign delegates during these international gatherings. The collaboration between ministries and Indian missions aims to amplify the country's outbound shipments, strengthening India's global presence.

The 'Aatmanirbhar Bharat Utsav 2024'

The ongoing 'Aatmanirbhar Bharat Utsav 2024' in New Delhi, organized by the DPIIT (Department for Promotion of Industry and Internal Trade), Ministry of Commerce and Industry, will continue until January 10. During the inaugural ceremony, Union Ministers Piyush Goyal and Dr. S. Jaishankar presented the ODOP Awards 2023 to commendable winners.

Dive into India's Treasures: Aatmanirbhar Bharat Utsav 2024 Awaits!

Get ready to embark on a journey of vibrant colors, exquisite skills, and unwavering spirit at the Aatmanirbhar Bharat Utsav 2024! From January 3rd to 10th, 2024, Bharat Mandapam at Pragati Maidan, Delhi, transforms into a kaleidoscope of Indian craftsmanship, diverse creations, and self-reliance.

Weaving a Tapestry of Wonder:

Immerse yourself in a sensory feast of breathtaking textiles and handicrafts meticulously crafted by master artisans. Explore the unique expressions of rural and urban self-help groups, each stitch and brushstroke carrying stories of dedication and talent.

Embracing the One-District, One-Product Legacy:

Witness the vibrant tapestry of India's One-District-One-Product (ODOP) program unfold before your eyes. From mesmerizing Kashmiri shawls to intricate Madhubani paintings, experience the diverse beauty of each district's signature creation.

Celebrating the North East and Beyond:

Prepare to be captivated by the rich cultural heritage of India's North East and tribal communities. Immerse yourself in the vibrant hues of their textiles, the intricate patterns of their handicrafts, and the captivating rhythms of their art forms.

A Culinary Delve into Street Food Delights:

Tantalize your taste buds with the delectable offerings of PM SVANidhi Street Vendors Cuisines. Dive into the flavorful world of local street food, each bite bursting with authentic spices and stories passed down generations.

More Than Just Shopping:

Aatmanirbhar Bharat Utsav 2024 is not just a shopping extravaganza; it's a celebration of India's spirit of self-reliance. It's a platform to witness the dedication of countless artisans, the vibrancy of diverse cultures, and the potential of a nation on the rise.

Mark your calendars:

  • Dates: January 3rd to 10th, 2024
  • Venue: Halls 1-5, Bharat Mandapam, Pragati Maidan, Delhi
  • Free Shuttle Service: From India Gate to Gate No. 4
  • Free Entry: Come and experience the magic!

Aatmanirbhar Bharat Utsav 2024 awaits. Are you ready to discover the treasures of India?

Recognizing Efforts in ODOP Initiative

The ODOP Awards celebrate and acknowledge outstanding contributions to the ODOP initiative, uniting districts, states, and Indian missions to recognize their pivotal role in this national initiative. ODOP aims at generating sustainable employment at the district level while fostering holistic socio-economic development, with a primary focus on selecting, branding, and promoting one product from each district across India.

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