Why Focusing on Per Capita GDP Growth Is Crucial for India's Development
Monday, 1 April 2024, 14:57
India's Economic Growth Trajectory
Even with a modest 6% annual GDP growth, India is set to become the world’s third-largest economy by 2028.
The Importance of Per Capita GDP
Focusing on boosting per capita GDP levels to $13,000-14,000 will pave the way for a 'developed India' by 2047.
- Targeting individual wealth
- Ensuring sustainable economic growth
- Promoting inclusive development
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.