WHEN WILL INDIA BECOME A DEVELOPED COUNTRY???
WHEN WILL INDIA BECOME A DEVELOPED COUNTRY???? India - A country with 1.4 billion people, often regarded as a third-world country by westerners, is yet to reach the 5 Trillion dollar Economy. Narendra Modi's Government has anticipated that India's GDP could reach 5 Trillion USD by 2025. Unfortunately, the COVID-19 Pandemic has slowed the growth, and The IMF(International Monetary Fund) has projected that India could reach that target by 2027. The COVID-19 Pandemic has hampered growth but India has managed well to recover from it and grow by 7.4% in 2022. The Russia-Ukraine War threatens the world economy and might push the world into another recession. Higher Inflation in The USA and European Countries is a bad omen for the world's economy. Surprisingly, India has fared well during the war, its inflation rate is well below 7%, and its GDP reached 3.5 Trillion USD in 2022 to become the 5th largest economy in the world by overtaking the United Kingdom. Ev...