Economists Raghuram Rajan and Arvind Subramanian, members of the Tamil Nadu Chief Minister’s Economic Advisory Council, on Sunday said the government’s goal to make Tamil Nadu a $1 trillion economy by 2030 is ambitious, but doable.
“To achieve the goal, the State has to grow 18% for the next seven to eight years. No country at any point of time has done 18% ever. China has grown for 10-11% over 40 years,” said Mr. Subramanian at a fireside chat organised on the topic ‘The Big Bets for Tamil Nadu’s Trillion Dollar Economy’ as a part of the Global Investors Meet 2024 (GIM 2024).
“If there is a State in India that can achieve this, it is probably Tamil Nadu. I am excited by the things happening in the State over the last six months,” he said.
