Saturday, June 20, 2009

>Ten Things for India to Achieve its 2050 Potential (GOLDMAN SACH)

  • As we have shown before, India could be 40 times bigger by 2050.
  • To achieve this, India needs to implement many changes.
  • India needs to improve its governance, control inflation, introduce credible fiscal policy, liberalise financial markets and increase trade with its neighbours.
  • It also needs both to significantly raise its basic educational standards, and increase the quality and quantity of its universities.
  • India needs to boost agricultural productivity, improve its infrastructure and environmental quality.
  • Delivery of all these would ensure strong, persistent, medium to longterm growth, allowing India to reach its amazing potential.

To see full report: GLOBAL ECONOMICS PAPER

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