IMF April 2015 report, India 7th largest economy.

[Chanakya's_Chant]

Since independence, the Rupee has consistently devalued. I do not see that trend reversed for the short, medium or long term. Also, pretty much all forecasts expect 7-8% growth, not 10%.

10% is a fantasy figure.

India's golden age was under British Rule.

Just like the Chinese golden age under Republic of China (1912–49)?

During the British Raj the Indian economy essentially remained stagnant, growing at the same rate (1%) as the population.

India's share of world income collapsed from 22.6% in 1700, almost equal to Europe's share of 23.3% at that time, to as low as 3.8% in 1952. Indeed, at the beginning of the 20th century, "the brightest jewel in the British Crown" was the poorest country in the world in terms of per capita income.

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And it is still 90%.

Indian poverty is very high, closer to 99%.

I wonder what made you not to go for 100% with that utterly enlightening knowledge of yours! Meanwhile World Bank and UNMDG estimate it at 22%.

Economy of India - Wikipedia, the free encyclopedia

India is a shithole: Disscuss

Let's see what the entire world has to say about you -

Why is China such a SHITHOLE ? - Topix

Let alone the British which are way ahead in this concern -

China. Still a third world shithole

Funny thread by your British masters, all taking the piss out of how shit China is. Even more funny, an Chinese guy called 'earth' tries and fails to defend China! Isn't it?

Have some dignity and kindly leave if you have nothing to do other than troll!

Lol.

Leave it bro - He is just too blindfolded in his pathological hatred that leaves no room for conscience.

Don't feed the troll gentlemen. Just Report and Ignore!

 

[ashok mourya]

India is now a $2.3 trillion economy. 8 trillion in PPP.

7th Largest nominally, 3rd largest PPP.

Report for Selected Countries and Subjects

Great news....

 

[Ceonwulf]

I remember in 2008/2009 at the beginning of the global economic crash, all the Indians on the internet were saying they would overtake the UK economy before 2015!

Even the IMF forecast for 2020 still shows the UK economy ahead of India.

Funny that in 1990, China and Indian economies were almost the same size. Now look!

Indian economy very poor performance.

 

[definitelynotIndian]

I remember in 2008/2009 at the beginning of the global economic crash, all the Indians on the internet were saying they would overtake the UK economy before 2015!

Even the IMF forecast for 2020 still shows the UK economy ahead of India.

Funny that in 1990, China and Indian economies were almost the same size. Now look!

Indian economy very poor performance.

yea there was an economic crash down and we were dependent on west. We will overtake UK by 2025.

 

[migflug]

yea there was an economic crash down and we were dependent on west. We will overtake UK by 2025.

2025 ??our economy will be around 3.6 trillion in 2020. Uk economy right now is 3 trillion .we will take over before 2020 as uk is almost stagnant

 

[definitelynotIndian]

2025 ??our economy will be around 3.6 trillion in 2020. Uk economy right now is 3 trillion .we will take over before 2020 as uk is almost stagnant

It is not completely sure that will happen thats why I quoted a safe number.

 

[Mr.Nair]

I remember in 2008/2009 at the beginning of the global economic crash, all the Indians on the internet were saying they would overtake the UK economy before 2015!

Even the IMF forecast for 2020 still shows the UK economy ahead of India.

Funny that in 1990, China and Indian economies were almost the same size. Now look!

Indian economy very poor performance.

A$$ burn he he, sorry dear we don't have medicine.

 

[Ceonwulf]

2025 ??our economy will be around 3.6 trillion in 2020. Uk economy right now is 3 trillion .we will take over before 2020 as uk is almost stagnant

IMF say UK will be 3.7 trillion in 2020, while India will be 3.6 trillion. Funnily enough, IMF say UK is number 2 best performing economy in the G7 after the USA, wit growth of 2-3% (very high for a developed country).

It looks like France, Germany and other Euro economies which are stagnant. Not UK.

While China will be a beautiful and powerful 16.1 trillion economy. Our gdp growth is too high for india to catch up

 

[definitelynotIndian]

IMF say UK will be 3.7 trillion in 2020, while India will be 3.6 trillion. Funnily enough, IMF say UK is number 2 best performing economy in the G7 after the USA, wit growth of 2-3% (very high for a developed country).

It looks like France, Germany and other Euro economies which are stagnant. Not UK.

While China will be a beautiful and powerful 16.1 trillion economy. Our gdp growth is too high for india to catch up

India's aim is to become a strong enough economy. US and China are out of our league for now.

 

[migflug]

IMF say UK will be 3.7 trillion in 2020, while India will be 3.6 trillion. Funnily enough, IMF say UK is number 2 best performing economy in the G7 after the USA, wit growth of 2-3% (very high for a developed country).

It looks like France, Germany and other Euro economies which are stagnant. Not UK.

While China will be a beautiful and powerful 16.1 trillion economy. Our gdp growth is too high for india to catch up

Who said we will catch china in 2020s but will definitly very close or even bigger in 50s. 21st century will be asian century for sure

 

[ashok mourya]

I remember in 2008/20a the beginning of India lobal economic crash, all the Indians on the internet were saying they would overtake the UK economy before 2015!

Even the IMF forecast for 2020 still shows he UK economy ahead of India.

Funny that in 1990, China and Indian economies were almost the same size. Now look!

Indian economy very poor performance.

We are there where china is in 2006.So according to you 2006 china is a very poor economy as india crossed it in 2014.You started your reforms in 1970 and india started in 1990 but look at the gap we are cloasing in faster.Now our growth better than you.we will be a 5 trillion ecomy in 2025.

Indian Economy Will Surpass China By 2050




New Delhi: Surpassing China, India will become the world’s largest economy by 2050, says a report.


“China will overtake the US to become the world’s largest economy by 2020, which in turn will be overtaken by India in 2050,” according to Wealth Report 2012 by Knight Frank & Citi Private Bank.
As per the report, Indian economy will reach $85.97 trillion size in terms of purchasing power parity by 2050, while the Chinese GDP would be $80.02 trillion during the same period.

The US — currently the world’s largest economy — is expected to have a GDP of $39.07 trillion by 2050.

Other nations in the top ten list of world’s largest economies would be Indonesia (4th), Brazil (5th), Nigeria (6th), Russia (7th), Mexico (8th), Japan (9th) and Egypt (10th).
In terms of growth from 2010-2050, India would be the second fastest with its economy growing at the rate of eight per cent in the period.
With a pace of 8.5%, Nigeria would be the fastest growing economy during the same period, the report said.
In 2010, India was world’s fourth largest economy with a value of $3.92 trillion compared to China’s $9.98 trillion and America’s $14.12 trillion.
The report named Surat and Nagpur among fast-growing cities to watch in 2050.

“We believe the cities to watch in 2050 are the 400 emerging market middleweights – fast growing cities with populations between 200,000 and 10 million.
“This dynamic group includes many cities that are not household names today: Linyi, Kelamayi and Guiyang in China; Surat and Nagpur in India; Concepcion and Belem in Latin America,” it said.

 

[Suman]

World GDP Ranking 2015 | Data and Charts - knoema.com

 

[Mr.Nair]

The economy and power status keep on changing, once UK was a super power replaced by US, later can expect China and thereafter India.

 

[Suman]

I think still we are way behind

 

[IND151]

India is now a $2.3 trillion economy. 8 trillion in PPP.

7th Largest nominally, 3rd largest PPP.

Report for Selected Countries and Subjects

Finally some good news we have overtaken Brazil i see

Hope we make it in Top 5 in coming years...............