Union Minister of Commerce & Industry, Piyush Goyal has expressed hope that government efforts to boost semiconductor manufacturing, domestic shipping and a reduction in imports of oilseeds, rubber and pulses will help the rupee appreciate against the dollar. The Union Minister was speaking at the ASSOCHAM's launch event of the book titled "Bharat@100: Envisioning Tomorrow's Economic Powerhouse" written by former Chief Economic Advisor Shri KV Subramanian. Subramanian in the book predicts India can achieve a $55 trillion economy by 2047 if the nation sustains an 8% annual growth rate.
