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We have to grow at 7-8% real and 4-5% inflation for 4 years to be a $5 trillion economy by FY2025-26. Will be difficult. Looks like Modiji will rebase the GDP to FY2021-22 which might increase the documentation and eventually the documented size of our GDP.Lol. India will be $5 trillion economy by FY2026. No matter what the sour grapes and billis on this forum think, when you look at the FDI and FPI of each country, you'll know where they are headed. We don't have any thing equivalent to BBS here.
We have to grow at 7-8% real and 4-5% inflation for 5 years to be a $5 trillion economy by FY2025-26. Will be difficult. Looks like Modiji will rebase the GDP to FY2021-22 which might increase the documentation and eventually the documented size of our GDP.
View attachment 821590
Well then bilateral politics and personal interests kick in which does not allow trade b/w Ind-PakThis sounds good for Pakistan too, looking in the broader context.
Pakistan would like to be surrounded by rich neighbors. And no denying the fact that it is the region which grows, more than the individual countries.
So a rich and stable India is good for Pakistan, with caveats...
Pakistan-India trade has lots of potential, never been realized.
Now it's worth more as this study was done in 2018...
India-Pakistan trade potential stands at $ 37 billion: World Bank
India and Pakistan continue to maintain long, sensitive lists of items on which no tariff concessions are grantedwww.livemint.com
Currency value is of quite a lot of importance as well.
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The trends of which etc.
It is buying other currencies and part of the productivity cycle. A very important aspect of it.