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Today General Knowledge(GK)
Piyush Goyal expressed confidence that the country will reach the target of how many trillion dollars by 2030 on the growth of the economy and exports?
$1 trillion
$2 trillion
$5 trillion
$8 trillion

Correct Answer : Option (B) - $2 trillion

Commerce and Industry Minister Piyush Goyal on Sunday(16th Oct 2022) expressed confidence that the country will achieve the export target for goods and services to $2 trillion by 2030. The minister was speaking at the Exporters Conclave held at Chennai.
* Goyal emphasised on sustaining the export momentum and said that he is confident that Indian exports will be able to wither the global headwinds and will surpass growth in exports by a big margin. H

* He also said that by 2047, the country will become a $30-trillion economy with 25 per cent share in exports.
* From India will be $2 trillion, he said. The industry participants were assured that the government is committed to addressing the issues raised by them.
* Speaking at the event, A Sakthivel, President, Federation of Indian Export Organisations (FIEO) said that Indian exporters have good opportunities for exports to Russia and the EU despite recessionary trends visible there.

* He said that there would be about $8-10 billion additional exports to Russia in the next 12 months and $15-20 billion to the EU..

Source : News18

Published On : October 17, 2022
Category : Indian Economy