ilmscore | India’s Rise to Top 3: How It Will Affect YOUR Wealth? World Bank Economist | FWS 82

Predictions from this Video

Total: 7
Correct: 3
Incorrect: 0
Pending: 4
Prediction
Topic
Status
India is projected to maintain a growth rate of 6-7%.
"India will continue at its cruising altitude of you know anywhere between six 7% growth."
India's Economic Status
Correct
India is expected to reach higher middle-income status and become one of the top three global economies.
"India will make it to higher middle income and the country as a whole will be in the top three economies in the world."
India's Economic Future
Pending
India's growth at 7% compared to China's lower growth rate will lead to a narrowing of the economic gap between the two countries if trends persist.
"India is growing at 7%. China is growing much below that. If things remain the same for the foreseeable future, well, the gap will slowly narrow."
India's Economic Trajectory
Correct
India, currently in the lower-middle-income category, aims to graduate to upper-middle-income status within the next 20 years, by 2047.
"India is in the middle middle income country category and the target it has set for itself parat by 2047 means that in the next 20 years you want to graduate from lower middle income to higher middle income."
India's Development Path
Pending
Changes in societal norms are expected to drive further positive economic development in India in the coming years.
"hopefully in the next few years this creates another positive driver for India's."
India's Future Growth Drivers
Correct
India is predicted with certainty to be among the top three global economies, barring catastrophic events.
"India for sure will be in the top three world economies."
India's Economic Future
Pending
India is certain to reach upper-middle-income status, with a projected GDP per capita of $10,000, implying a five-fold increase in wealth for its citizens.
"the upper middle income is an absolute certainty which is about $10,000 per GDP per capita which is basically all of us going to be five times richer"
India's Economic Future
Pending