16 January 2015
Narendra Modi stated his dream and asked his countrymen
Narendra Modi stated his dream and asked his countrymen
"Can't we dream and achieve?"
$20 Trillion Indian Economy is the Dream.
I immediately analyzed the idea. I found enough support already from various authorities on economic development and came to the conclusion that it is a feasible dream. It is a vision. This blog post is created immediately to provide support to the vision by informing many Indians the opportunity to participate enthusiastically and share the prosperity by first creating it.Newspaper Reports on 17 January 2015
https://www.india.com/news/india/narendra-modi-pitches-for-making-india-a-20-trillion-economy-250349/
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2024
EY Forecast
India is likely to cross the critical thresholds of US$5, US$10 and US$20 trillion in market exchange rate terms in FY2028, FY2036 and FY2045 respectively.
December 2024
The 10 Trillion Economy
Discussion featuring Dr. Shamika Ravi, Ridham Desai, Mukesh Aghi & Ashish Chauhan.
WMG Group
22,590 views 1 Dec 2024
What does the path to India's 10 Trillion Economy look like? And how can we reach there?
Listen to Dr. Shamika Ravi, Member, Economic Advisory Council to the Prime Minister, Govt of India, lead a conversation with Ridham Desai, Morgan Stanley India - Managing Director and heads Morgan Stanley
Indian Equity Research, Mukesh Aghi, President & CEO, US- India Strategic Partnership Forum and Ashish Chauhan, CEO & MD, National Stock Exchange.
--
This panel was a part of the India Ideas Conclave, brought to you by India Foundation and the WMG Group.
India to become USD 4 trillion economy in FY25: Sanjeev Sanyal.
Economic Advisory Council to the Prime Minister member Sanjeev Sanyal.
Sanyal argued that the government should not push any fiscal move to accelerate economic growth to 8-9 per cent.
"If you get it, great, but anything around 7 per cent compounded over time is a very good growth rate.
(The same thing was told by P. Chidambaram long back. Taking unnecessary risks at the highest level and disturbing economy is more risky. At micro level there can be more ambitius targets.)
15 August 2021
_____________________
https://www.youtube.com/watch?v=WFMK6uRe1S0
_____________________
PM Modi said. 15 August 2021
India has to march ahead with new pledges for the next 25 years.
'Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayaas' is very important for the achievement of all our goals.
We have to ensure we meet our goal of building Aatmanirbhar Bharat when we celebrate 100 years of India's Independence
We will have to work together for manufacturing world class products, using cutting-edge innovation and new age technology.
Knowledge Centers by Narayana Rao to Help Indian Manufacturing and Economy.
Manufacturing Processes Knowledge Center for Technology
Industrial Engineering Knowledge Center for Productivity
Management Theory Knowledge Center for Managing Manufacturing
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2020
McKinsey's economic agenda to spur growth and jobs in India
August 26, 2020 | Report
Three ‘growth boosters’ can spur $2.5 trillion of economic value and 30 percent of nonfarm jobs
To capture frontier opportunities, India needs to triple its number of large firms
Six areas of targeted reform can raise productivity and competitiveness
The central government, states, and business sector will need to act together.
I add MPs and MLAs have to create plans for their constituency investment and infrastructure.
15 September 2018
Yes. It is possible to reach $20 Trillion GDP by 2047
Many Indians now believe and are planning their organization's growth to achieve the vision.___________________
___________________
Indian Economy Plans, Programmes and Results
1 June 2016
Key Takeouts From India’s GDP Numbers
http://swarajyamag.com/economy/dont-order-the-champagne-yet-key-takeouts-from-indias-gdp-numbers
27 September 2015
PM Narendra Modi told the audience of Facebook Townhall meeting that his aim is making India's economy touch $20 trillion in ppp terms. (PWC 2050 world forecast says that by 2030 India will reach 17.13 trillion dollars.)
http://timesofindia.indiatimes.com/tech/tech-news/India-a-heaven-for-investors-aim-to-make-it-20-trillion-economy-PM-Modi/articleshow/49130230.cms
11 May 2015
$10 trillion economy by 2034
We need to boost R&D spending to 2.4% of GDP to achieve GDP growth of 9% p.a. for number of years and become $10 trillion economy by 2034
India's economy would need to increase its research and development (R&D) spending from mere 0.8 per cent of gross domestic product (GDP) in 2013 to 2.4 per cent similar to developed markets of Korea (3.8 per cent), US (2.7 per cent) and China (1.9 per cent) to grow its GDP by 9 per cent per annum to become a $10 trillion economy over the next two decades. Minister of state for science & technology and earth sciences, Mr Y.S. Chowdary stressed the point while inaugurating '3rd Innovation Summit-cum-Excellence Awards: Innovative India@2020,' organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on 11th May 2015.
Read the PWC Report for the Event
https://www.pwc.in/assets/pdfs/publications/2015/innovation_driven_growth_in_india_final.pdf
Focus on innovation should not be restricted to new technologies and products but also include innovative distribution and financing processes and business models according to the minister.
http://www.business-standard.com/article/news-cm/need-to-boost-r-d-spending-to-2-4-to-achieve-gdp-growth-of-9-p-a-to-become-10-trillion-economy-by-2034-science-technology-minister-115051200273_1.html
23 March 2015
Former IMF Deputy Managing Director John Lipsky - Exim Bank Commencement Day Celebration Lecture
"Viewed from a global perspective, India appears poised to enter a period of powerful progress that could carry widespread and profound benefits,"
This exciting period of "accelerated progress" could encompass many important social, economic and financial aspects. Investor expectations are favourable both because of promises of reforms and because of problems evident in other emerging markets.
"But this highly encouraging outcome can't be taken for granted. It will be realised only if opportunities are seized, including through a combination of reforms and new investment."
The biggest challenge is to improve productivity on a sustained basis.
"The key challenge will be to boost productivity significantly, and on a sustained basis,"See the Webcast of the lecture and listen to Dr. Lipsky favourable words on India's potential
http://24framesdigital.com/eximbank/webcast/230315/ (link not working)
https://www.apnnews.com/dr-john-lipsky-delivers-exim-banks-commencement-day-annual-lecture-2015/
https://www.business-standard.com/article/economy-policy/ex-official-of-imf-for-faster-reforms-115032301211_1.html
https://timesofindia.indiatimes.com/business/india-business/Former-IMF-deputy-MD-John-Lipsky-calls-for-accelerated-reforms/articleshow/46666949.cms
Honourable Minister Piyush Goyal organized Udyog Manthan in 40 sectors of industry and commerce. Details are available in:
I appreciate the minister for this mammoth effort to support Make in India.
1 March 2015
The Economic Times Newspaper carried this item on the front page in its coverage of Central Budget for India presented on 28 February by Finance Minister Arun Jaitley.
"PM Modi dreams of a $20-trillion economy. As the Budget revs up India and makes it competitive globally, the world is agog."
Readers are requested to give their opinions through comments.
Government - Central, State and Local Government - 15% - $ 3 trillion
Agriculture and Mining - $1 trillion (difficult. USA only $500 billion)
Construction - $ 1 trillion
Manufacturing 25% - $ 5 trillion
Automobiles - $1 trillion
Air Planes
Chemicals
Defence Equipment
Electrical equipment
Electronic devices
Petroleum - Extraction and Refining
Pharmaceuticals
Power Production
Railway Equipment
Metal refining
Textiles ($650 billion production planned for 2025)
Services 50% - $ 10 trillion
IT - $1 trillion
Real Estate - Offices, Hotels, Resorts and Residential Houses - Renting and Leasing - $1.75 trillion
Banking, Mutual Funds and Insurance - $1.5 trillion
Health and Social Care - $1.5 trillion
Wholesale and Retail Trade - $2.25 trillion
Media - $0.75 trillion
Entertainment - $0.75 trillion
Education - $0.25 trillion
Transport - $0.25
(Tourism is 7.5% of economy presently.)
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http://pib.nic.in/photo//2015/Jan/l2015011661248.jpg
During his address on 16 January 2015 in ET Global Business Meet, Prime Minister Narendra Modi stated his dream and asked his countrymen "Can't we dream and achieve?"
$20 Trillion GDP Indian Economy is the Dream.
What is required to achieve it?
Presently India is $2 Trillion economy. At 10% per annum growth rate, it will take 25 years to achieve that target in real terms. May be if we take it in nominal terms it may take 20 years as there will be inflation in USA also.
Is 10% growth rate for 25 years possible?
Yes, it is possible if savings rate is 40% and Incremental Capital Output Ratio (ICOR) is 4 on average. It means capital projects must be planned with efficiency. All projects must be subjected to efficiency audits. Industrial Engineering is one discipline with focus on efficiency. In India, the National Institute given responsibility for Industrial Engineering is NITIE situated at Mumbai. The institute must rise to the occasion. I am a professor in NITIE and do my bit to increase the knowledge of the discipline in all engineers and managers by maintaining a blog titled Industrial Engineering Knowledge Center. In recent years, I am also taking interest in explaining the discipline through company based training programmes.
So two questions are important.
ICOR
ICOR was average 4 in China during the period 1995 to 2008. Then it went above 4 for three years.
In India ICOR was 5 during 1991 to 2000, 4.4 during 2001 to 2010, but it was 3,7 during 2004 to 2008.
We can see that India has achieved ICOR of less than 4 during some years. This gives us the confidence that motivated government administration - Cabinets, Parliament, Assemblies and Panchayats and government employees, public sector management and employees, and private sector management and employees can achieve ICOR of 4 or less. The vision is compelling for all and the emphasis on inclusion announced by Modi should motivate all. The focus is not on fattening the wealth of rich but that of financial unity and inclusion.
http://www.keepeek.com/Digital-Asset-Management/oecd/development/economic-outlook-for-southeast-asia-china-and-india-2014/incremental-capital-output-ratio-icor-in-emerging-asia-1995-2011_saeo-2014-graph93-en#page1
http://www.livemint.com/Money/LWBk77WUpnAs2mr3rIhF0K/Rising-ICOR-and-poor-growth.html
http://www.rbi.org.in/scripts/BS_SpeechesView.aspx?Id=603
Savings and Investment
India’s savings and investment peaked at 36.8% and 38.1% of GDP, respectively, in FY08. In FY13, the overall savings rate dropped to 30.1% of GDP and investment to 34.8% of GDP.
http://archive.financialexpress.com/news/budget-2014-indias-falling-savings-inflation-investments-and-returns/1226932
In China, the savings rate has gone up to 50% also. It seems possible that in India also Investment can be taken up to 40% GDP.
In both the important dimensions, India can reach the target and achieve 10 growth rate for a long period of time and achieve Modi's Dream.
I have circulated this article in social media and got some comments. I replied to some of them and elaborated my analysis.
Today I cam across a lecture by S. Gurmurty. In December 2014 itself, he talked of $800 billion investment.
https://hinduway.wordpress.com/2014/12/25/greatness-of-the-indian-society-s-gurumurthy/
1 March 2015
The Economic Times Newspaper carried this item on the front page in its coverage of Central Budget for India presented on 28 February by Finance Minister Arun Jaitley.
"PM Modi dreams of a $20-trillion economy. As the Budget revs up India and makes it competitive globally, the world is agog."
Important Sectors - Contribution in $20 trillion India GDP
Estimated by Narayana Rao (based on a comparison with current GDP of USA)Readers are requested to give their opinions through comments.
Government - Central, State and Local Government - 15% - $ 3 trillion
Agriculture and Mining - $1 trillion (difficult. USA only $500 billion)
Construction - $ 1 trillion
Manufacturing 25% - $ 5 trillion
Automobiles - $1 trillion
Air Planes
Chemicals
Defence Equipment
Electrical equipment
Electronic devices
Petroleum - Extraction and Refining
Pharmaceuticals
Power Production
Railway Equipment
Metal refining
Textiles ($650 billion production planned for 2025)
Services 50% - $ 10 trillion
IT - $1 trillion
Real Estate - Offices, Hotels, Resorts and Residential Houses - Renting and Leasing - $1.75 trillion
Banking, Mutual Funds and Insurance - $1.5 trillion
Health and Social Care - $1.5 trillion
Wholesale and Retail Trade - $2.25 trillion
Media - $0.75 trillion
Entertainment - $0.75 trillion
Education - $0.25 trillion
Transport - $0.25
(Tourism is 7.5% of economy presently.)
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The Dream of $20 Trillion GDP - Dream Declared by PM Modi
$20 Trillion GDP for India - The Dream - PM Narendra Modi
17 January 2015 - The Dream Was Read by Me and My Support Started
Prime Narendra Modi addressing ET Global Business Meet on 16 January 2015
http://pib.nic.in/photo//2015/Jan/l2015011661248.jpg
During his address on 16 January 2015 in ET Global Business Meet, Prime Minister Narendra Modi stated his dream and asked his countrymen "Can't we dream and achieve?"
$20 Trillion GDP Indian Economy is the Dream.
$20 Trillion GDP India - Dream Feasible - Feasibility Analysis
What is required to achieve it?
Presently India is $2 Trillion economy. At 10% per annum growth rate, it will take 25 years to achieve that target in real terms. May be if we take it in nominal terms it may take 20 years as there will be inflation in USA also.
Is 10% growth rate for 25 years possible?
Yes, it is possible if savings rate is 40% and Incremental Capital Output Ratio (ICOR) is 4 on average. It means capital projects must be planned with efficiency. All projects must be subjected to efficiency audits. Industrial Engineering is one discipline with focus on efficiency. In India, the National Institute given responsibility for Industrial Engineering is NITIE situated at Mumbai. The institute must rise to the occasion. I am a professor in NITIE and do my bit to increase the knowledge of the discipline in all engineers and managers by maintaining a blog titled Industrial Engineering Knowledge Center. In recent years, I am also taking interest in explaining the discipline through company based training programmes.
So two questions are important.
What is ICOR in India and how does it compare with China?
What is savings rate in India and how does it compare with China?
ICOR
ICOR was average 4 in China during the period 1995 to 2008. Then it went above 4 for three years.
In India ICOR was 5 during 1991 to 2000, 4.4 during 2001 to 2010, but it was 3,7 during 2004 to 2008.
We can see that India has achieved ICOR of less than 4 during some years. This gives us the confidence that motivated government administration - Cabinets, Parliament, Assemblies and Panchayats and government employees, public sector management and employees, and private sector management and employees can achieve ICOR of 4 or less. The vision is compelling for all and the emphasis on inclusion announced by Modi should motivate all. The focus is not on fattening the wealth of rich but that of financial unity and inclusion.
http://www.keepeek.com/Digital-Asset-Management/oecd/development/economic-outlook-for-southeast-asia-china-and-india-2014/incremental-capital-output-ratio-icor-in-emerging-asia-1995-2011_saeo-2014-graph93-en#page1
http://www.livemint.com/Money/LWBk77WUpnAs2mr3rIhF0K/Rising-ICOR-and-poor-growth.html
http://www.rbi.org.in/scripts/BS_SpeechesView.aspx?Id=603
Savings and Investment
India’s savings and investment peaked at 36.8% and 38.1% of GDP, respectively, in FY08. In FY13, the overall savings rate dropped to 30.1% of GDP and investment to 34.8% of GDP.
http://archive.financialexpress.com/news/budget-2014-indias-falling-savings-inflation-investments-and-returns/1226932
In China, the savings rate has gone up to 50% also. It seems possible that in India also Investment can be taken up to 40% GDP.
In both the important dimensions, India can reach the target and achieve 10 growth rate for a long period of time and achieve Modi's Dream.
I have circulated this article in social media and got some comments. I replied to some of them and elaborated my analysis.
24 January 2016
Today I cam across a lecture by S. Gurmurty. In December 2014 itself, he talked of $800 billion investment.
https://hinduway.wordpress.com/2014/12/25/greatness-of-the-indian-society-s-gurumurthy/
Narendra Modi's Dream - India: 20 Trillion Dollar Economy - Possible by 2035 through Involvement of All Indians
10% growth rate makes it possible. Innovation and efficiency are required. Government, Public Sector and Private Sector - all have to innovate and all have to improve efficiency.
10% growth was announced by the earlier government also. So it is possible. If the present government is more committed, more determined, and more driven by ideology to make India great and prosperous, 10% growth will be achieved and Modi's dream which will be the dream of all of us will come true. Rs.1,00,000 per month will be the per capital income in the country. Understand the potential and work for it. Believe in yourself first and achieve targets at your level first has to be the aim of many independent producers of goods and services. Remember Gandhi - Be the Change.
Modi's Dream for India - Let us make it Our Dream
Prime Minister Modi has an India Dream
India is a World Top Team
India has Param Vaibhavam
Indians have great name and fame
Modi wrote a Gandhi Rhyme
There should be calm
Development is what Everybody should proclaim
Swachhata is the aim and health for all is main
20 trillion dollars in Maa Bharati's hands
Enough to fulfill every toiler's desires
Enough to nourish all Bharat residents
Every Indian has to come out and flex his muscles
The dream will be reality
Provided our polity
Nobility and levity
Work with unity
It is Vivekananda's Dream
It is Gadhiji's Dream
Once again provided to us as Modi's Dream
Let us make it Our Dream
Mother, I am here
To fulfill your desire
I promise to deliver
Period of great grandeur
Narayana Rao - 18.1.2015 at Thane 4.50 am
USA's GDP for 2013 17.078.3 trillion dollars.
http://nraousa.blogspot.in/2015/01/gdp-of-usa-2013.html
The Mechanism for Achieving $20 Trillion by 2035 - Increasing GDP 10 times for India
Passenger car industry can be the key industry. Plan to increase the car production 10 times from the present 30,00,000 to 30,000,000 ( from 30 lakhs to 3 crores or 3 million to 30 million)
Estimate of $14 trillion GDP in a Book
See the Page of a Google Book
The End of American World Order
https://books.google.co.in/books?id=zVRxAwAAQBAJ
5 February 2015
Chetan Ahya in the Economic Times dated 5.2.2015 Page 18
Taken together, these important changes in the macro environment, when fully implemented, should have a lasting impact on boosting economic development in India, and will go some way in achieving the ambition of creating a $10-trillion economy by 2030.
http://blogs.economictimes.indiatimes.com/et-commentary/indias-path-to-a-10-trillion-economy/
1 Feb 2015
Indian Stock Market value will touch $10 trillion dollars - BSE Chief Ashish Chauhan
http://www.financialexpress.com/article/markets/indian-markets/indian-markets-can-get-10-trillion-size-with-right-approach-bse-chief-ashish-chauhan/37607/
22 Jan 2015
China has gone ahead. But India can catch up. Indian Express
http://indianexpress.com/article/opinion/columns/paper-dragon/
24 November 2014
PWC Report on India - Future of India - Winning Leap
Scenario 3: The Winning Leap includes investment in both human and physical capital as per the previous two scenarios but also focuses on investment in R&D and innovation and envisions a 9.0% CAGR for GDP by 2034. This scenario forecasts the most aggressive growth and is the only scenario which will generate the 240 million new jobs India's growing demography needs. This is supported by a massive transformation in the investment outlook and productivity metrics in India, supported through significant investments (domestic and foreign) and research and development.
http://press.pwc.com/global/the-future-of-india/s/3de54e52-d24c-49b4-bd8d-7cc5705bd5e6
Development of R&D Important for $10 Trillion GDP
_______________
_______________
Business world
Video - NDTV
http://profit.ndtv.com/videos/news/video-india-to-be-10-trillion-economy-by-2034-346133
February 2014
Finance Minister Chidambaram announced that India will be the third largest economy in the world by 2043. Can it be achieved by Modiji much before?
Policies to make India the third largest economy - Shri Chidambaram
http://guide-india.blogspot.in/2014/12/india-to-be-third-largest-economy-in.html
2010
A book written in 2009
SAGE Publications India, Jan 20, 2010 - 300 pages
This book paints a bold and inspiring scenario of India becoming an affluent society by 2039, that is, within a generation from now. It makes a persuasive case as to why such a scenario could be plausible. Even more importantly, the book very appropriately and frankly assess the many hurdles – political, social, policy and institutional – that the country must overcome to realize this vision and lift millions of Indians from relative poverty today to enjoy the fruits of a modern and inclusive affluent society within 30 years or so. Its agenda of inter-generational issues is central to India avoiding the middle income trap that so many other countries have fallen into. However, India can successfully tackle this trap only by addressing, and addressing urgently and head on, the various facets of governance highlighted in the book.
Features unique to this study
- unlike other vertical studies that treat a topic in depth but on its own, this book tries to connect the dots between the key issues that could decide the future of Indian society
- it has a longer 30-year perspective, with a corresponding emphasis on challenges that require long gestation to address
- it offers a projection not of what will be but of what India’s potential is.
Preview
https://books.google.co.in/books?id=jfyHAwAAQBAJ
_____________________________________________
India - Vision $20 Trillion GDP - The Journey
Tifac is creating Technology Vision 2035 for India
http://www.indiatechvision2035.in/
http://www.tifac.org.in/index.php?option=com_content&view=article&id=835&Itemid=1402
Updated: 30.10.2024, 15 August 2021, 30 July 2021
Comparison With US GDP
USA's GDP for 2013 17.078.3 trillion dollars.
http://nraousa.blogspot.in/2015/01/gdp-of-usa-2013.html
The Mechanism for Achieving $20 Trillion by 2035 - Increasing GDP 10 times for India
Passenger car industry can be the key industry. Plan to increase the car production 10 times from the present 30,00,000 to 30,000,000 ( from 30 lakhs to 3 crores or 3 million to 30 million)
Voices Supporting Modi's Dream
Estimate of $14 trillion GDP in a Book
See the Page of a Google Book
The End of American World Order
https://books.google.co.in/books?id=zVRxAwAAQBAJ
5 February 2015
Chetan Ahya in the Economic Times dated 5.2.2015 Page 18
Taken together, these important changes in the macro environment, when fully implemented, should have a lasting impact on boosting economic development in India, and will go some way in achieving the ambition of creating a $10-trillion economy by 2030.
http://blogs.economictimes.indiatimes.com/et-commentary/indias-path-to-a-10-trillion-economy/
1 Feb 2015
Indian Stock Market value will touch $10 trillion dollars - BSE Chief Ashish Chauhan
http://www.financialexpress.com/article/markets/indian-markets/indian-markets-can-get-10-trillion-size-with-right-approach-bse-chief-ashish-chauhan/37607/
22 Jan 2015
China has gone ahead. But India can catch up. Indian Express
http://indianexpress.com/article/opinion/columns/paper-dragon/
24 November 2014
PWC Report on India - Future of India - Winning Leap
Scenario 3: The Winning Leap includes investment in both human and physical capital as per the previous two scenarios but also focuses on investment in R&D and innovation and envisions a 9.0% CAGR for GDP by 2034. This scenario forecasts the most aggressive growth and is the only scenario which will generate the 240 million new jobs India's growing demography needs. This is supported by a massive transformation in the investment outlook and productivity metrics in India, supported through significant investments (domestic and foreign) and research and development.
http://press.pwc.com/global/the-future-of-india/s/3de54e52-d24c-49b4-bd8d-7cc5705bd5e6
Development of R&D Important for $10 Trillion GDP
_______________
_______________
Business world
Video - NDTV
http://profit.ndtv.com/videos/news/video-india-to-be-10-trillion-economy-by-2034-346133
February 2014
Finance Minister Chidambaram announced that India will be the third largest economy in the world by 2043. Can it be achieved by Modiji much before?
Policies to make India the third largest economy - Shri Chidambaram
http://guide-india.blogspot.in/2014/12/india-to-be-third-largest-economy-in.html
2010
A book written in 2009
India 2039: An Affluent Society in One Generation
(Google eBook)$20 trillion GDP for India mentioned in the book.
Harinder S Kohli, Anil SoodSAGE Publications India, Jan 20, 2010 - 300 pages
This book paints a bold and inspiring scenario of India becoming an affluent society by 2039, that is, within a generation from now. It makes a persuasive case as to why such a scenario could be plausible. Even more importantly, the book very appropriately and frankly assess the many hurdles – political, social, policy and institutional – that the country must overcome to realize this vision and lift millions of Indians from relative poverty today to enjoy the fruits of a modern and inclusive affluent society within 30 years or so. Its agenda of inter-generational issues is central to India avoiding the middle income trap that so many other countries have fallen into. However, India can successfully tackle this trap only by addressing, and addressing urgently and head on, the various facets of governance highlighted in the book.
Features unique to this study
- unlike other vertical studies that treat a topic in depth but on its own, this book tries to connect the dots between the key issues that could decide the future of Indian society
- it has a longer 30-year perspective, with a corresponding emphasis on challenges that require long gestation to address
- it offers a projection not of what will be but of what India’s potential is.
Preview
https://books.google.co.in/books?id=jfyHAwAAQBAJ
_____________________________________________
India - Vision $20 Trillion GDP - The Journey
Tifac is creating Technology Vision 2035 for India
http://www.indiatechvision2035.in/
http://www.tifac.org.in/index.php?option=com_content&view=article&id=835&Itemid=1402
News Updates - $20 Trillion GDP for India
India Economic Conclave 2021- India's $5 trillion dream is still alive
ET Now DigitalUpdated Mar 19, 2021
Moody’s Analytics said on Thursday (March 19) said India’s GDP is projected to grow by 12% in 2021 as compared to its November 2020 estimate of 9% growth for the current calendar year.
India’s Sectoral Growth Patterns and US$ 5 Trillion Trajectory: An Empirical Investigation
on Macroeconomic Impact of COVID-19
Swapnil Soni1 and M. H. Bala Subrahmanya
The results of empirical analyses reveal that India will join US$ 5 trillion club by 2027–2028,
The Indian Economic Journal
68(3) 309–322, 2020
Updates to the Blog Post - $20 Trillion GDP for India
Updated: 30.10.2024, 15 August 2021, 30 July 2021
18 October 2018, 15 September 2018
21 July 2016, 24 Jan 2016, 1 Nov 2015, 24 March 2015, 16 March 2015, 1 March 2015
Updated 27 Feb 2015, 18 Jan 2015
21 July 2016, 24 Jan 2016, 1 Nov 2015, 24 March 2015, 16 March 2015, 1 March 2015
Updated 27 Feb 2015, 18 Jan 2015
indias plan to grow gdp to 20 trillion - Important key word
ReplyDeleteWhen India permarent membership.un security council and nsg group ?
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