Economy Why only a miracle can help India grow at 8% a year and become a $5-trillion economy by 2024-25 Updated : July 08, 2019 12:31 PM IST Economic growth is a long-term phenomenon while a government has to seek a mandate every five years. It is best not to mix up the long and the short. Stable but reasonable growth rates over long periods work better than rapid growth rates over short periods. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.