Okay.. Lets quit the rhetoric and look at the numbers. shall we ? Starting GDP in 2023: $3.732 trillion Average annual growth rate: 8% Number of periods: 6 (2024 to 2029) Using the compound interest formula : Principal amount: $3.732 trillion Annual interest rate: 8% Number of periods: 6 Calculation: $3.732 trillion x (1.08)^6 = $3.732 trillion x 1.5384 = Approximately $5.75 trillion So with 6 more years of 8% average growth from a 2023 GDP of $3.732 trillion, India's economy would reach around $5.75 trillion by 2029. This is still short of the $10 trillion target in your original question. For India to reach $10 trillion GDP by 2029 from the 2023 starting point, the required average growth rate would be: $3.732 trillion x (1 + r)^6 = $10 trillion (1 + r)^6 = 2.68 R = 12% Therefore, if starting from 2023, India would need to average around 12% GDP growth over 6 years to attain a $10 trillion economy by 2029. In summary, with 8% growth starting from the 2023 GDP of $3.732 trillion, India would reach around $5.75 trillion by 2029, not $10 trillion. To hit $10 trillion by 2029, 12% average growth would be required. To achieve a $10 trillion economy in the next decade, India must sustain high growth. However it will need major reforms and policy changes for this to happen effectively. If India maintains annual GDP growth of 8% or more based on its size in 2023, $3.7 trillion; it is likely that the country would reach to achieve a scale of $10 trillions by around 2031. With modi and only modi there is a remote possibility.
Nice but gdp doesn't matter gdp ppp does look at indian gdp ppp at 2014 it was 6 to 7 trillion dollar now today its 14 to 15 trillion dollar almost double but your assesment was also nice
India will be developed when indian and indian politician gave value in Health,Education,Public sector,Foreign investor and road and railways rather then Religion ,Superstation and attacking the minority
Hindus are the most tolerant species on earth…who is attacking christians of UK , FRANCE ..which community has most jail terms in usa ? Minority.population percentage of muslims is 17 % in India..how the hell are they minorities?
@@yooooopatrickhere ha bhai itne attack ho rahe hai minorities par ki minorities hi allah hu akbar bankar bom ban kar fut rah hai aur mab lynching kar rahe hai
Kya bhai Raj Shamani sahab... 10 trillion dollar economy kaise banegi iska to kuch bataya hi nahi but baato ko ghuma phira ke wahi UPI, ROAD, pe le aaye... Kya sirf UPI SE 10 TRILLION DOLLAR economy ban jayegi India .... Pls video me kuch aachi jankari dijiye....
Automobile industry smartphone industries smart cities world class railway stations semiconductor industry defence equipments industry se bharat 10 trillion economy banega
You say it anyway has to happen than tell me what's role of infra push , certain policies like PLI , opening so many AIIMS, IITs impact of swacch bharat mission etc ??
Okay.. Lets quit the rhetoric and look at the numbers. shall we ?
Starting GDP in 2023: $3.732 trillion
Average annual growth rate: 8%
Number of periods: 6 (2024 to 2029)
Using the compound interest formula :
Principal amount: $3.732 trillion
Annual interest rate: 8%
Number of periods: 6
Calculation:
$3.732 trillion x (1.08)^6
= $3.732 trillion x 1.5384
= Approximately $5.75 trillion
So with 6 more years of 8% average growth from a 2023 GDP of $3.732 trillion, India's economy would reach around $5.75 trillion by 2029.
This is still short of the $10 trillion target in your original question.
For India to reach $10 trillion GDP by 2029 from the 2023 starting point, the required average growth rate would be:
$3.732 trillion x (1 + r)^6 = $10 trillion
(1 + r)^6 = 2.68
R = 12%
Therefore, if starting from 2023, India would need to average around 12% GDP growth over 6 years to attain a $10 trillion economy by 2029.
In summary, with 8% growth starting from the 2023 GDP of $3.732 trillion, India would reach around $5.75 trillion by 2029, not $10 trillion. To hit $10 trillion by 2029, 12% average growth would be required.
To achieve a $10 trillion economy in the next decade, India must sustain high growth. However it will need major reforms and policy changes for this to happen effectively. If India maintains annual GDP growth of 8% or more based on its size in 2023, $3.7 trillion; it is likely that the country would reach to achieve a scale of $10 trillions by around 2031. With modi and only modi there is a remote possibility.
What is the growth of India till 2033 with 7 percent growth of GDP
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Nice but gdp doesn't matter gdp ppp does look at indian gdp ppp at 2014 it was 6 to 7 trillion dollar now today its 14 to 15 trillion dollar almost double but your assesment was also nice
After dedollarization- If dollar rate drops to half (US dollar = 40 rupees) then economy will be around $8 Trillion already as of today!
India will be developed when indian and indian politician gave value in Health,Education,Public sector,Foreign investor and road and railways rather then Religion ,Superstation and attacking the minority
"Attacking the minorities" sabsa se jayada denga vhi karta hai
Vahi kar rahi hai cuurnt government infrastructure spending massive hai health & new education policy sab
Hindus are the most tolerant species on earth…who is attacking christians of UK , FRANCE ..which community has most jail terms in usa ?
Minority.population percentage of muslims is 17 % in India..how the hell are they minorities?
@@yooooopatrickhere ha bhai itne attack ho rahe hai minorities par ki minorities hi allah hu akbar bankar bom ban kar fut rah hai aur mab lynching kar rahe hai
Kya bhai Raj Shamani sahab... 10 trillion dollar economy kaise banegi iska to kuch bataya hi nahi but baato ko ghuma phira ke wahi UPI, ROAD, pe le aaye... Kya sirf UPI SE 10 TRILLION DOLLAR economy ban jayegi India .... Pls video me kuch aachi jankari dijiye....
And PER CAPITA PE jab baat honi thi to aapne baat ko dba diya yes yes yes bol ke..... Why did u do that I'm still wondering.
All are paid influencer..... Good Luck India
Automobile industry smartphone industries smart cities world class railway stations semiconductor industry defence equipments industry se bharat 10 trillion economy banega
Asli baat hai ki India ki adhi population young hai💪
Lekin kuch logo ko changes dikhai nahi deta andhe jo hai
You say it anyway has to happen than tell me what's role of infra push , certain policies like PLI , opening so many AIIMS, IITs impact of swacch bharat mission etc ??
Dream weaver.."mungherilals"...what do you expect from an "anphad"?People get the govt.they deserve "-Thomas Jefferson
🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳💖
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Aap ghuma phira ek baate karte ho, what's this nonsense. You have don't have Clearity in your mind
After dedollarization- If dollar rate drops to half (US dollar = 40 rupees) then economy will be around $8 Trillion already as of today!