<h1>Government Aims for Stronger Rupee, $55 Trillion Economy by 2047 with Focus on Semiconductors, Electric Mobility, and Private Sector.</h1> The Union Minister of Commerce and Industry discussed the potential of government policies to enhance the rupee's value against the dollar through initiatives like boosting semiconductor manufacturing and reducing imports. At the launch of a book envisioning India's future economic growth, he highlighted the goal of achieving a $55 trillion economy by 2047 with sustained growth. The government aims to improve living standards, shift from oil to electric mobility, and emphasize quality in manufacturing. The Minister compared India's current economic position to China's past growth phase and emphasized the importance of private sector contributions to job creation and economic development.