Prime Minister Narendra Modi said India’s economy will be among the top three in the world within five years, as he marked 76 years of independence from British rule on Tuesday.
Prime Minister Narendra Modi said India’s economy will be among the top three in the world within five years, as he marked 76 years of independence from British rule on Tuesday.
They have to beat the UK, Japan, and Germany.
None are economies on the rise (and the UK is doing poorly, they might already have surpassed them).
Wouldn’t be surprised if it eventually happens, but beating all 3 in five years might be a stretch.
EDIT: this is nominal GDP. They will definitely not reach the same GDP per capita anytime soon.
It will take generations to reach the same GDP per capita.
it will take a global revolution for that to occur. the current financial system intentionally keeps india similar countries in relative poverty