The Indian economy to pass the US economy by 2050?

Question

I'm an Indian non-immigrant to the United States these past few months. Back in India, I get electricity for 16 hours a day, and running water for only 2 hours a day, when the taps do run. I have to wait for weeks to get cooking gas. It takes me 4 hours a day to travel to my workplace and back through hot and filthy crowded trains. At work, I do 65-hour weeks to keep my job, There is no kind of social security, it takes more than two years for an income tax refund, I have to beg on my knees of corrupt government officials if I need so much as a driver's licence or a birth certificate, and the place where I live is so crowded, there is no place to even park a bike. The environment is sick and diseased, and the only affordable food I can buy from the open markets is packed away in cloth bags for the night on the streets, and serves as a toilet for stray dogs. That nation of mine called India is actually set to surpass the superior American economy by 2050!Could it be really true?

Answer 1

Living in the country yourself, you are probably aware of the fact that a vast majority of economic wealth in India is held by a large minority of the people living there. There must be some areas of your country where it seems like Hollywood over here in the states, and other places that, like you said, are overpopulated, sick, poor, and in desperate need of some reformation. If India could expand its similar "Silicon Valley" which harbors the vast majority of its wealth, sure it is possible for the economy to reach and possibly surpass our US economy which has been in a slowly downward spiraling state for some time now. It will take major reform for this change to benefit the rest of the society, however, because of the overpopulation problem, as well as the sickness and poverty that has stricken many of your people. China and Japan have had similar problems with overpopulation, and their economies are really turning upward, and becoming some of the most booming nations in the world. Hold out hope, it is possible for things to get better. India is full of bright people, many of whom leave to come to the US. If you are looking for a change now, that may be your best bet. While the overall economy could surpass the US, the average and even minimum standard of living here in the US will forever surpass most, if not all, other nations.

Answer 2

It could. India has more people than the US so if the average level of productivity in India rises to the level of the US then India will have a larger economy.
India has many problems to address before it gets there and the problems you describe are exactly why it isn't there yet.
I suspect it won't surpass the US by 2050 but you can never be sure.

Answer 3

"Men do no great things, only small things with great love." (BM Teresa)

"Growth" is desired for economies. Comparing to the "Stock Market" we usually see the new product having a rapid rate of growth. These companies usually pour all their earnings into keeping the growth moving forward. So too with a whole economy.

Should India have the vision of investing into herself (India) anything is possible for accomplishment. The pillars (what needs investing into)of a Federal Government are: Executive, Judical, Military, and transportation.

We're all in danger of basic threats (USA, Russia, China, India, Africa, & Antartica): Enviromental issues, Wars, Pandemic Sicknesses. So, it is also wise for India in her investing to herself to bond with other nations to help during challenging cycles.

Answer 4

No, never.