India is doing great too, but currently, China is the fastest growing economy in world.
2007-02-11 18:19:12
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answer #1
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answered by Anonymous
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A new report from Goldman Sachs has predicted that Productivity growth will help India sustain over 8% growth until 2020 and become the second largest economy in the world, ahead of the US, by 2050.
"Goldman Sachs scaled up estimates of the country's prospects in its October 2003 research paper widely known as the BRICs report. The original report had projected that India's GDP would outstrip Japan's by 2032 and that in 30 years, it would be the world's third largest economy after China and the US. The new report goes one step further by moving India up from No. 3 and No. 2 in the global sweepstakes of tomorrow." "
It will be great to see finally India as a developed country but I hope we can see this grwoth spread around all the socio-economic stratus of the country like it is in US and Japan.
2007-02-11 18:29:11
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answer #2
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answered by downed.angel 2
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India is already in the road of development. One will see lot of developments during the past few years. The development is a continuous process and within next few years, you will find lot of new development in India.
2007-02-11 18:32:54
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answer #3
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answered by vakayil k 7
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India is already developing a lot and if people like you are really concerned then it will a developed country very soon.
2007-02-15 16:38:03
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answer #4
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answered by Anonymous
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It is developing un evenly. Urban v/s suburban v/s country side
v/s areas.
You can see the real development only when there are honest desires to do so without political interests.
Social development needs prioriety.
But selfishness & petty political meanness is the biggest stumbling block.
The day it declines MY INDIA WILL BE THE BEST>
2007-02-15 05:22:16
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answer #5
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answered by Elderman24 2
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Once upon a time,smoke of gold (prosperity) was omnipresent in India.Now againas per BRICs report.- had projected that India's GDP would outstrip Japan's by 2032 and that in 30 years, it would be the world's third largest economy after China and the US. The new report goes one step further by moving India up from No. 3 and No. 2 in the global sweepstakes of tomorrow
2007-02-11 19:53:56
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answer #6
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answered by balkrishna c 4
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hello??? india is a developing country and it wil take quite sometime for it to completely develop. the poverty n illiteracy is the only hindrance. and by the way...development is a process which is endless. even the developed countries r still working towards more advancements...
2007-02-11 21:48:57
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answer #7
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answered by samira_04 3
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Common man! INDIA is developing.Visit the site indiapoised.com of times of india.
And since it is a developing Nation your question using "When" is surprising.Dont you think since your birth you are developing and still the process is on ... how about someone asking you "When did you start develop?"
2007-02-11 18:15:36
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answer #8
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answered by Anonymous
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india is developing slowly..its a beautiful country & i love the place and the people. i think the indian government could do much more to help the poverty...there should not be people living in make-shift shacks...and hungry in this day and age. they need to get their priorities right.
2007-02-12 06:19:06
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answer #9
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answered by Anonymous
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India is developing. wait for a few decades to see the result
2007-02-11 18:10:48
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answer #10
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answered by grgoon 2
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