While releasing a report that takes stock of poverty in India and ways to mitigate the same, veteran economist Bibek Debroy pointed out that a roadmap is available for India to reach the level of middle-income nations by 2047.
Indian Economy Can Touch $20 Trillion By 2047: PM s Economic Advisory Coucil Chairman swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Releasing The Competitiveness Roadmap for India@100 , Debroy also said the country s annual per capita income will be over USD 10,000 if the country grows at an average economic growth rate of 7-7.5 per cent in the next 25 years.
Indian economy's size will touch USD 20 trillion by 2047 provided the annual average growth is 7-7.5 per cent in the next 25 years, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy said on Tuesday.
While V Anantha Nageswaran has been dropped, Rakesh Mohan (former deputy governor of RBI), Poonam Gupta (director general of NCAER) and TT Ram Mohan (professor, IIM Ahmedabad) have been appointed as part-time members of the reconstituted EAC-PM.