| Summary/Abstract |
This centaury has been good for India, so far. its economy has been bounding along, finally reflecting a closer correlation between promise and performance. the demographic trends have never been so propitious. Given the current trends and informed forecasts India’s Gross Domestic Product (GDP) is expected to double every seven or eight years. it is climbing closer to $ 2 trillion now. Thus, by, say, 2050, we could be looking at a GDP in real terms of over $ 40 trillion. if the current trends were to do slightly better, and be maintained, by 2050 or even earlier, India could conceivably emerge with the world’s largest GDP.
|