2006-11-06 01:08:36 · 4 answers · asked by SureshkumarYVS from hyderabad 3 in Social Science ➔ Economics
We are moving into an Indo-Sinocentric world, but I think it will take about eighty years for India to overtake the US and Switzerland in standard of living as measured by per capita GDP at purchasing power parity. Of course India will be #1 (or #2 after China) in absolute GDP much sooner (maybe 30-40 years from now) because of its larger population, and sooner still if it reunites with Pakistan and Bangladesh.
Quality of life is another story. India needs to practice its ancient wisdom (Vedas) if life is to be about more than money.
I think India has more sense than to dictate the world, however powerful its economy becomes.
2006-11-07 05:35:25 · answer #1 · answered by MBK 7 · 0⤊ 0⤋
I would expect india to be the world leader in economic and quality of living standards by 2020 because the developed world is going to face the wrath of shortage of the Youth By 2020 which India escapes because of its overflowing population
2006-11-06 10:24:33 · answer #2 · answered by Ramasubramanian 6 · 0⤊ 0⤋
when India will overtake USA 2 to 3 decades from now.
2006-11-06 09:22:22 · answer #3 · answered by dodadz 4 · 0⤊ 0⤋
its said INDIA would be the worlds 3 rd richest country by 2020-2030
isnt that grt news
2006-11-06 09:19:34 · answer #4 · answered by me me me!!! 3 · 0⤊ 0⤋