<h1>India Targets $5 Trillion Economy by 2025 with FDI Reforms, Tax Cuts, and Infrastructure Investments.</h1> The government aims to transform India into a US$ 5 trillion economy by 2024-25, as outlined in the Economic Survey 2018-19 and Union Budget 2019-20. Key measures include liberalizing Foreign Direct Investment policy, increasing the turnover limit for a lower corporate tax rate, and offering tax deductions on affordable housing loans. The budget emphasizes infrastructure investment, with plans to invest Rs. 100 lakh crore over five years. Initiatives like SFURTI aim to boost traditional industries, and customs duties have been reduced to support domestic manufacturing. The PM-Kisan scheme has expanded, and a cabinet committee on investment and growth has been established. States are encouraged to contribute to this economic goal.