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India Should Have Been a $5-6 Trillion Economy by Now, Says Pranab Mukherjee

Mukherjee, who has also served as a former finance minister, said he is not satisfied with India's progress and the nation should have achieved much more.


Updated:November 29, 2018, 10:40 AM IST
India Should Have Been a $5-6 Trillion Economy by Now, Says Pranab Mukherjee
File photo of former president Pranab Mukherjee. (PTI)

Bengaluru: Former president Pranab Mukherjee on Wednesday expressed dissatisfaction over India's economic growth and said the country should have been a five to six trillion US dollar economy.

Addressing students of Greenwood High International School on the topic 'Value of education in today's scenario,' Mukherjee said India has the potential to become a global economic power.

Replying to a query on how students can contribute to India's journey to become global economic power, Mukherjee, who was held the finance portfolio in Congress governments, said, "India is bound to be a global economic power. Today, as I have mentioned to you, Indian economy is worth 2.268 trillion US dollar.I am not satisfied. As a former finance minister, I think we should have done much more progress. It should have been five to six trillion US dollar economy..."

Recalling India's progress from the time when it was not able to even manufacture a fountain pen during the colonial era, Mukherjee said the 71 years of independence and 68 years of planning resulted in India rising to become one of the largest economies. "We are the third military power of the world," he said.

Mukherjee highlighted the country's achievements in science and technology besides space research. "We are the only country till today out of 184 members of the United Nations, who succeeded in sending its orbiter to Mars in its very first attempt," Mukherjee said.

To a question on how a leader should handle criticism, Mukherjee said, "Criticism is part of life, criticism is not always bad, it is not always negative."

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