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Wednesday, January 24, 2007

Lo! India on Top!!(24/01/2050- News Headlines)

Hey came across this eye-opener news published in Times of India (One major news concern in India).
That India is developing at a rapid pace is an open secret. A major newspaper today has published on the cover page the consclusions of the research done by the famous Goldman Sachs. It says India will overtake USA by the year 2050! It will be India and China who will call the shots by the year 2050 with China at the top and India at no.2! Now, that is a huge leap. Isn't it!?

Most of it will be fuelled by the growth in its productive capacity. A sustained growth rate of 8% will do the trick, the report says. Goldman Sachs has revised its opinion about India in its October 2003 research paper famous as the BRICs report ( BRIC= Brazil, Russia, India, China – the emerging superpowers).

The previous report had projected that India will overtake Japan by 2032 and that in 30 years it will be the world's third largest economy after USA and China. The new report published on Monday says that India's growth since 2003 is more structured which means it is not a flash in the pan.

They never talk about us, Alas!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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2 Comments:

Anonymous Mark said...

some place! Thats why it still remains a Third world country.

February 10, 2007 at 2:50 PM

 
Blogger Sambernard said...

Well Mark it is still one but, things are changing and I am sure the figures are definitely making every aware Indian motivated to make a difference.

February 14, 2007 at 12:48 AM

 

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