Discussion in 'Economy & Infrastructure' started by CrYsIs, Jun 17, 2014.
India's GDP likely to reach $5 trillion by 2025; top five stocks to bet on - The Economic Times
This is quite worrying.With only a 3 trillion $ GDP in 2020 India would be 1/5th of Chinese economy.
A country like India should have atleast tripled it's economy with ease in a decade but this figure goes on to show that this decade may well turn out to be India's lost decade.
In 2010 When India was a 1.7 trillion $ economy it was projected that India would reach 3 trillion $ by 2015 and 6 trillion $ by 2020 and 10 trillion $ figure by 2025.Well it's mid 2014 and India's economy hasn't even reached 2 trillion $.
Something needs to be done as soon as possible.
Actually, if you take China out of the whole picture, you will find that India is probably the best performing players among all the developing countries in the past 3 years.
The first thing that India need to change is the big mouth of Indian politicians. These guys just kept promising the moon to their voters.
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