28.9.15

India soon a $20 trillion economy

.
.
.
.
Going from a $7.5 trillion PPP GDP economy to $20 trillion is not such a big leap and certainly doable in 10 years if the rate of reform is seriously accelerated, and the government focuses on INFRASTRUCTURE AND INDUSTRY......and they manage to re-elect themselves in power in 2019, so that there is continuity and stability at the center.

India certainly can reach a $50 trillion PPP GDP economy by 2050.....25 years there after.

________________________________________


India a heaven for investors; aim to make it $20 trillion economy: PM Modi

 

PM Narendra Modi at the Facebook townhall meeting said that he aims to making doing business in India easier and increase the country's economic output from $8 billion to $20 billion.

Projecting India as a "heaven" for investors, the Prime Minister said he is working on deregulation to achieve these goals.

PM Modi in the townhall Q&A with Facebook CEO Mark Zuckerberg spoke about efforts to revive faith among foreign investors, saying reforms are taking place speedily and the government had managed to "restore the lost confidence" during the last 15 months as he appeared to take a dig at the previous UPA dispensation.

Noting that India is a "heaven" for investors, he said, "I do not believe that there is dearth of money. Countries have money but do not know where to invest. I am giving them the address. Here is the place (India).