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Sajin

 • 

Foundation • 1y

World Top Three Economies: 1. US $28.7 Trillion GDP 2. China $18.5 Trillion GDP [------ $14 Trillion Gap ------] 3. Germany $4.7 Trillion GDP India might reach $5T GDP in upcoming years by adding $1.5T. India is adding $1T in every 7 years: 2007: India $1.21T 2014: India $2.04T 2021: India $3.05T With this speed, can India cross $14T gap and catch up with China and US? What has to be done for India to be $20 Trillion economy? Is India being 3rd a massive success, or is it far away from REAL success? (I will also make another post on this. Follow me and Stay tuned)

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Franto Nithish John Christober

MSc Banking and Fina... • 1y

BIG GAP!So much to Do! What about our population compared to China ,US and Germany population. - Our per capita income is around 8000 dollars and US per capita Income is around 70000 dollars.Here is big gap between India and Us. - We are not growing country and we are just slow economic growing country in prospective of many economies theories. - what about our manufacturing sector..do think we will overtaking china ?? IT'S Not easy . What about our semiconductor Industry? We are just entering semiconductor industry Now but small countries like taiwan ,Indonesia and Japan has already taking big position. - we are must to do strengthen our currency rupee compared to Dollar and Yen.But dollars is the reserve currency in the world.so they have big advantage in the foreign exchange. - We should to do exports more than imports and will produce more products in the world markets - reduced the unemployment rate.WLO is announced under 25 age youngsters were around 80% jobless.It's wor$t.

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