India in 2050 will have the 2nd largest economy - PriceWaterhouse study

Yggdrasil

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That's not an accurate assessment of the report. The report mostly deals with GDP by PPP, which is fine for an individual-citizen analysis, but does not say anything about the absolute size of the economy.

The real gauge is GDP at market exchange rates, given on page 12:

1 China 49853
2 United States 34102
3 India 28021

This is for 2030. This means our total economic size will be slightly over half that of China, which is not acceptable.

Of course, all this assumes that India will grow at sub-double-digit over the next few decades, and China will not suffer an economic collapse, both of which are not certain. We can easily grow at 10-12% like China did if BJP continues to govern, and they reign in all the NGOs, media, jihadis, deep state activities, low-level corruption, etc.

Our people are hardworking and creative, the country can definitely catch up with China by 2030 if the governance structures are in place.
 

ezsasa

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That's not an accurate assessment of the report. The report mostly deals with GDP by PPP, which is fine for an individual-citizen analysis, but does not say anything about the absolute size of the economy.

The real gauge is GDP at market exchange rates, given on page 12:

1 China 49853
2 United States 34102
3 India 28021

This is for 2030. This means our total economic size will be slightly over half that of China, which is not acceptable.

Of course, all this assumes that India will grow at sub-double-digit over the next few decades, and China will not suffer an economic collapse, both of which are not certain. We can easily grow at 10-12% like China did if BJP continues to govern, and they reign in all the NGOs, media, jihadis, deep state activities, low-level corruption, etc.

Our people are hardworking and creative, the country can definitely catch up with China by 2030 if the governance structures are in place.
These reports take current trends and project it forward. Not to be taken seriously.
 

sthf

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How it works is that PWC guys usually go to google, look up the growth rate of an economy, feed it to a compund interest calculator and voila, India will be the second largest economy in the world.


Problem is that except China no major economy in the world decides its own growth certainly not India.
 

Bhumihar

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No amount of ecnomy is gonna help till the people of the country are retarded.
Look at America Germany Japan and Sweden
 

dhananjay1

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One of the commie manifesto says that they would take over Indian government in 2050. Commies call it long term strategic planning, normal people call it horseshit.
 

aditya10r

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This things deserves a big pfffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff.

First off any projection of 10+ years is doomed to fail.

Secondly our growth rate is now picking up and by 2020/21 we will be clocking 8% growth rate.

Add 4% inflation,and by that we will also be adding a few points from the appreciation,why because hopefully we will have a trade surplus,given our export growth is pretty good.

So we will have 12-12.5% nominal growth rate for about 10 years.

That's good enough to bridge the gap with china,they will always have less inflation and 5% growth rate for 10 years,plus they will keep on decreasing the value of currency (they have this very ugly habit,keep on decreasing the value of currency so that exports remain competitive)
 

aditya10r

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Our people are hardworking and creative, the country can definitely catch up with China by 2030 if the governance structures are in place.
We can catch-up with china but not by 2030,even 2040 is a no go,it will take us atleast 30-40 years to become equal,that's the bare minimum,Chinese have a very big headstart,had we started doing 9-10% growth rate straight from 2004 itself,today we would have been 5 trillion plus economy(but then the most educated person of century became our prime minister and fucked it all up)
 

ashdoc

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What about the Islamic peril ? Population of Muslims in 2050 in India will hamper economic activity. These kind of politically correct projections don't take into account rising Muslim population because it is risky to touch the subject .
 

Immanuel

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These projections are a waste of time. The real massive change in India only happens if massive investments are made into long term projects in infrastructure where China is a good 20 years ahead. India's cities major matros are woefully crowded, a lot more newer smarter cities need to come up. Billions in investments for sewers, next gen electricity grids, large nuclear power hubs, smart roads, waste management, Metrolines/monorail, Bus connectivity, rail connectivity, faster trains, massive greenification drives for all cities (the cheapest cure for any climate change and pollution related problem is easily planting of more trees), mass reforestation, better conservation of prestine forest lands, national parks, state parks etc° India needs to be made more tourist friendly, all the rivers in India should be connected (old but great idea), our rivers needs to be clean up (huge task) while respecting Hindu traditions (perhaps holy river banks sites can have seperate heavily filtered worship zones)

By 2050 we should aim to be entirely 0 emissions for cars and trucks (while I don't think of my self as a climate alarmist), it's just cleaner to live in those cities thus also dropping massively the incidents of health problems due to pollution.
Huge investment also needs to be made for security infrastructure.
 

Immanuel

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What about the Islamic peril ? Population of Muslims in 2050 in India will hamper economic activity. These kind of politically correct projections don't take into account rising Muslim population because it is risky to touch the subject .
Counter is for Hindus to make more babies.
 

ezsasa

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What about the Islamic peril ? Population of Muslims in 2050 in India will hamper economic activity. These kind of politically correct projections don't take into account rising Muslim population because it is risky to touch the subject .
One possibility is that if Indian Muslims do not improve themselves economically and educationally in next 10-15 years, they will for the bulk of cheap labour by 2050.
 

Khalsa_Panth

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Counter is for Hindus to make more babies
they will for the bulk of cheap labour by 2050.
Muslims don't work & especially not for Kafir They form about 35% of newborns now so definitely civil war in many locations by end of 2030s.

Female status is one of greatest predictors of fertility, Nigeria muslim banned divorce & fertility jumped.

Female like being given security & legal rights feels less secure as divorce is possible.

So less & less fertility especially in urban area, with state supporting muslim tfr full stop. in many area 2:1

India will likely stop growing in any major fashion by 2030s as wars kick off।।

Go start lifting it takes 2-3 years to get good physique as natural।।

Immanuel cuck will cry that women's rights is only thing worth fighting for in this world.
 

Immanuel

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Not likely to happen with women's liberation movements. The wealthier India gets the more the birthrate declines.
True Marcoecnomics does suggest that but we Indians need to stay away from that regardless of wealth, we need to make more babies.
 

Immanuel

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Muslims don't work & especially not for Kafir They form about 35% of newborns now so definitely civil war in many locations by end of 2030s.

Female status is one of greatest predictors of fertility, Nigeria muslim banned divorce & fertility jumped.

Female like being given security & legal rights feels less secure as divorce is possible.

So less & less fertility especially in urban area, with state supporting muslim tfr full stop. in many area 2:1

India will likely stop growing in any major fashion by 2030s as wars kick off।।

Go start lifting it takes 2-3 years to get good physique as natural।।

Immanuel cuck will cry that women's rights is only thing worth fighting for in this world.
Chutiye, did I say something you, tere gand mein 'anu bum'?

Leave my name out yo fucking mouth, Cuck hoga tera baap. You're a newbie here, fair warning, don't get into keyboard wars with me, my keystrokes are 'hit to kill' everytime.
 
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CrYsIs

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According to a report prepared by the consultancy PriceWaterhouseCooper, India will be the second largest economy in the world by 2050. The prognosis is extremely favorable for India.

Link to download the full report: https://www.pwc.com/gx/en/world-2050/assets/pwc-world-in-2050-summary-report-feb-2017.pdf
India becoming the 2nd largest economy with a population of 1.7 billion,that too on PPP, is a trivial issue.

Today on PPP,India is the 3rd largest economy and if it maintains it's current pace,it can outpace the US much earlier .As of 2018,India's economy is 50% of the US,It will be 70% by 2023 and perhaps would overtake the US by mid 2030's
 

Khalsa_Panth

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Chutiye, did I say something you, tere gand mein 'anu bum'?

Leave my name out yo fucking mouth, Cuck hoga tera baap. You're a newbie here, fair warning, don't get into keyboard wars with me, my keystrokes are 'hit to kill' everytime.
You don't know who I am either, I'm a Sardar||

 

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