India's economy can hit $10 trillion-mark in less than two decades

[Indika]

about time you voted AAP.

The way AAP is going, it is not the long term solution. I expect more AAP's which does better than existing one.
Need to raise and set better standards for every election. As they say what got them there will not take them to next level.

If parties are rejected for poor governance then they will rectify themselves. Only issue was lack of alternative, which AAP provided.

They are predicting 20 years into the future, while they can't even keep up what they said in the beginning of 2015.

Promise:

India aims for 8-10 pct 'non-inflationary' GDP growth -minister| Reuters
Budget 2015: India's 2015/16 GDP growth seen at 8-8.5% y/y, says FM Arun Jaitley - timesofindia-economictimes

Delivery:

GDP growth likely to exceed 7.3 percent in 2015-16: Jaitley - Oneindia

Cant have a discussion without having Dung inference.

 

[Dungeness]

The way AAP is going, it is not the long term solution. I expect more AAP's which does better than existing one.
Need to raise and set better standards for every election. As they say what got them there will not take them to next level.

If parties are rejected for poor governance then they will rectify themselves. Only issue was lack of alternative, which AAP provided.


Cant have a discussion without having Dung inference.

Yah, you guys need something like Dung to bring back to reality.

 

[Maira La]

Everything about India's economy remain predictions. "India will...", "India can...", "...superpower in 20XX...", "...largest economy in 20XX...", "...surpass China in 20XX...".
Indians, please take a moment to shut the **** up and try eradicating poverty for a start!

 

[rcrmj]

``````indian``

 

[It.is.all.mudi's.fault]

This is as much a given as the fact that sun rises from east.

Whip out your calculator and punch the numbers. You would find that in order for India to become $10 Trillion economy in 20 years, it require a cumulative growth rate of 7.625%. Given that dollar inflation rate is around 2-3% average, India only need to grow at 4.5-5.5% in order to reach this target.

India is achieving this growth rate even in most depressing years.

 

[Echo_419]

GDP is doubling every 7 years, so the possibility is indeed there.

Let's hope opposition agrees to pass key reform bills

 

[oproh]

 

[Kashmiri Pandit]

That's too green plus the skyline looks like some alien world.
What do you think about this one

WOW

It looks like a mixture of High tech , Barren and Green land .

 

[Grevion]

Indeed a lot more needs to be done. Implementation of GST and improving investor confidance is just about getting on the right track . Being an industrial power should be our long term goal.

I would prefer more or less an equal contribution from both the service and the industrial sector to the economy

Multiplying the GDP by 5x in two decades is possible.

But even at China's current economic size you can see how many problems we still have.

China's economy has gone passed the period of shifting from a developing economy to a developed economy now it will be tough for your country to achieve that same high economic growth but still your govt. can make bold decisions easily which will effect the short term growth of your economy.

Everything about India's economy remain predictions. "India will...", "India can...", "...superpower in 20XX...", "...largest economy in 20XX...", "...surpass China in 20XX...".
Indians, please take a moment to shut the **** up and try eradicating poverty for a start!

Being a Bangladeshi one should be happy about Indian economy expanding it will bring a lot of business and development opportunity for your own country.

 

[Beast]

Something like that movie I Robot
I think Japan would be the first country to become something like that but one should never underestimate the common Indians

Japan enters recession again as Abenomics falters | Business | The Guardian

Japan will not be the first country to do that.

I would prefer more or less an equal contribution from both the service and the industrial sector to the economy

China's economy has gone passed the period of shifting from a developing economy to a developed economy now it will be tough for your country to achieve that same high economic growth but still your govt. can make bold decisions easily which will effect the short term growth of your economy.

Being a Bangladeshi one should be happy about Indian economy expanding it will bring a lot of business and development opportunity for your own country.

China haven even passed developing status yet. There is still plenty of potential for China to growth. High growth for China will continue for next 20 years.

 

[Grevion]

Japan enters recession again as Abenomics falters | Business | The Guardian

Japan will not be the first country to do that.
It is not the first time Japan is facing economic slowdown but still they are the third largest economy of the world and Japan economy might not be doing well but their technological advances over the past decades is still an advantage to them.


China haven even passed developing status yet. There is still plenty of potential for China to growth. High growth for China will continue for next 20 years.

You are a 10 trillion and the second largest economy in the world which is why we see you as a developed country. Given the large population of China there are still opportunities of growth but you can't expect to grow at the same pace which you did in the past 2-3 decades simply because growth potential is less then in the 90's right now 6-7% growth is moderate and best for China it is still very high growth rate.