Thread: What's The Future For India?

There's a good article in the Financial Times that suggests what things must happen if India is to enjoy an affluent lifestyle:

What India must do if it is to be an affluent country

You need to register to read the article.... what did it say?

Originally Posted by Jeff

You need to register to read the article.... what did it say?

That's strange, I can still view the article...

The FT article stems from a 64-page report by the Centennial Group entitled India 2039: An affluent society in one generation.

The FT highlights some of the report's findings:

India must sustain growth at close to 10 per cent a year over a generation.

For this to be conceivable, at least four things would have to happen: the world must remain peaceful; the world economy must remain open; India must avoid the stagnation into which many middle-income countries have fallen; and, finally, the resource and environmental implications of its rise to affluence must be managed.

Moreover, India itself must overcome three big challenges: maintaining, indeed strengthening, social cohesion at a time of economic and social upheaval; creating a competitive and innovative economy; and playing a role in its region and the world commensurate with the country?s size and rising importance. In fundamental respects, India must turn itself into a different country.

Thanks.

Appreciate the link to the report - it's very comprehensive! I'm not sure how realistic it is though - e.g. maintaining 10% economic growth for a generation is highly unlikely.

Ultimately, even if only 1/4 of India is affluent, that should be sufficient for Indian domains to do well. Everything else is icing on the cake!