Over the next ten years, India’s economy will account for 20% of global economic growth as it advances toward being the world’s third largest. India, the world’s fifth-largest economy, is still expanding at the quickest rate among major economies.
India’s economy will surpass both Japan’s and Germany’s in the next three years, making it the world’s third largest. India is an exception to the global growth-starved norm, having evolved as a relatively robust powerhouse.
Over the next ten years, the nation will propel 20% of global economic development. To become a developed country by 2047, the nation must improve dietary standards, health results, and the lifestyles of those who reside in rural areas.
This implies that numerous states, including Madhya Pradesh, Bihar, Jharkhand, Chhattisgarh, Rajasthan, and Kshatriya, which together house about half of the nation’s population, must undergo change. In fact, the wealthiest 50% of Indians are the ones that propel growth and prosperity. Additionally, the poorest 50% of people mostly reside in rural areas and depend on government assistance programs or wage labor in agriculture to maintain a minimal quality of living.