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India is set to become the worlds 3rd largest economy

India’s real GDP growth is projected to average 6.3% annually in FY 2021-30, and is on track to  overtake Japan and Germany to become the world’s third-largest economy (in nominal US dollar terms). 

Real income per capita is projected to achieve significant average growth of 5.3%, with Indian households becoming the greatest spenders among G20 economies.

Indian macro policy has  three goals: 

reducing import dependency, 

providing the labor force with suitable employment opportunities, 

and creating a more viable market for domestic and foreign investors.

Dealing with the rest of the world is a key strategy with specific plans to deal with each country .

 “It takes a planet to build a village” 🌎 


Posted on December 1, 2022

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