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Tamil Nadu To Achieve $1 Trillion Economy By 2030, Check Out How!

Tamil Nadu is on its way to touching the target of becoming a $1 trillion economy by 2030, the finance minister of the state, Palanivel Thiagarajan, said on January 13. He also said the state will also log in $100 billion exports by the same year. “Not only can we achieve the $1 trillion target very reasonably, we also have unlimited potential if we get some basic things right. We require nominal growth of 13 per cent for the next ten years to achieve this. If you take out the inflation of 5-6 per cent, 7-8 per cent real growth is easily achievable,” Thiagarajan said during a summit. The state has announced two policies -- Tamil Nadu Export Promotion Strategy and Tamil Nadu Fin-Tech Policy. It is being hoped that these new-fangled policies would play a vital role in achieving the vi...

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