India to be the 3rd Largest Economy after China and USA by 2050
New Delhi: Breaking News! According to a US based internationally recognized foreign policy think tank, India will be the third largest economy after China and USA by 2050. An article titled, "The G-20 in 2050" by Uri Dadush and Bannett Stancil said that China, USA and India will emerge as the world’s three largest economies by 2050.
The experts claim that out of G-20 countries, India is predicted to grow more rapidly. But its current modest size would be an obstacle to be the world’s largest economy. The G-20’s GDP is expected to grow at an average annual rate of 3.6 percent.
India’s average annual GDP growth rate is predicted to be 6.19 % during the period of 2009-2050. Germany, The UK, France and Italy will be in fourth to seventh spots respectively in the world economy, the report said.
posted by BreakingNewsOnline @ 12:01 PM
1 comments
1 Comments:
this will not be a great acievement for a country of 1.5 billion at that time.Iwant this to be preponed to year 2020.If india start using about 1 % of solar thermal energy by year 2020.India gets 5000 trillion kwh of energy each year 1 trillin kwh electricity give india gdp of 1 trillion it is half the energy used so 50trillon wil give india gdp of 25 trillion dollars.with proper usev of water resource india can do wonder in agriculture india receives 4 times more water than her current requirement every year.
alok gwalior india
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