Narendra Modi sets ambitious economic goals for probable third term

Indian Prime Minister Narendra Modi has set an ambitious target of doubling the economy and exports this decade, with the aim of making the economy the third largest in the world if he wins a third term in a row. He has asked officials to finalise plans by around May to expand the economy to $6.69 trillion in nominal terms by 2030, from around $3.51 trillion currently. The document states that doubling the economy by the end of the decade would be a "very difficult feat" requiring 6%-6.5% growth for the next seven years along with inflation of 4.5%.