Re:India will overtake the US economy by 2030
by kshacker on Monday March 18, 2019 @06:02PM
(#19425793)
==> I have heard the same horn be tooted in India over the last 2 decades, and India is no closer to the that goal than it was 2 decades ago.
I think the article is too optimistic in India's favor, but it is incorrect to say "India is no closer". As per the following link, India was #12 in GDP just 10 years back, and now India is #6 or #7 knocking at #5.
Yes you are right the problems will not be solved in 1 generation. It probably will take longer, but there has been significant change in the past 1 generation, and there will be similar significant change in the next 1 generation.
I think the article is too optimistic in India's favor, but it is incorrect to say "India is no closer". As per the following link, India was #12 in GDP just 10 years back, and now India is #6 or #7 knocking at #5.
https://countryeconomy.com/gdp/india?year=2008 https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
Yes you are right the problems will not be solved in 1 generation. It probably will take longer, but there has been significant change in the past 1 generation, and there will be similar significant change in the next 1 generation.