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Thursday, 2 September 2021

India will 3rd largest Economy with GDP USD 12 trillion by 2030.

 India will  3rd Largest Economy with GDP  USD 12 trillion by 2030.





India will  world's Fastest Growing Economy in coming Decade.

India will  3rd largest economy with  USD 12 trillion by 2030.


India has the potential to  achieve 10-12% growth per annum, but it's needs major reforms in Agriculture sector (needs supply side reforms and focus on demand side ).

India has achieved only 200% growth between 2000-15. (Rs 46 lakh crore  to Rs 137 lakh crore).

I think 2015-2030 will be more productive, india has the potential  to achieve more than 520% growth(Rs 850 lakh cr), under the dynamic Leadership of Modi govt...  economy can touch  $12 trillion (2030) from $2.1 trillion (2015), 6 fold jump ..per capita income can increase $10,000 from $ 2000.

Firmly believe that,contribution of India to world economy can touch 3% (2017) to 15-20% (2030).Also believe ,India's  contribution to global growth could rise 30-35%.

8 states out of 29 such as   Maharashtra,TN ,AP,karnataka,UP,Gujarat,Odisha  and WB can add  $8 Trillion by. 2030 out of $12 trillion..current  contributions more than $1.6 trillion out of $2.7 trillion.

I think India will 3rd largest economy by 2027,overtaking the UK in 2023,Germany in 2025 and Japan in 2027.I think india's GDP could reach USD 12 trillion by 2030......India can over take  China by 2040.


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References

1.Maharashtra will be USD 1 trillion economy by 2025: Fadnavis | mumbai ...https://www.hindustantimes.com › ...19-Jun-2018.

2.Eastern states led by West Bengal can be a $3 trillion economy by 2035: Report - The Economic Times24-Jan-2016.

3. 'Odisha can be a $1 trillion economy' by 2030 - The Hindu12-Nov-2018.

4. Uttar Pradesh set to be 1 trillion dollar economy: PM Modi - The Economic Times29-Jul-2018 .

5.Will make AP trillion dollar economy by 2029: Naidu - Telangana Today

24-Sep-2018 ·