ishika 2046 days ago

This is only a feel good statement. It carries no meaning. For example, if the US dollar crashes by 50%, our economy will be worth about USD 4 trillion. If the US dollar is stable for the next 10 years, and India's GDP grows at a rate of 7%, we will reach about 4 trillion GDP. It is still peanuts compared to China: if China's GDP grows only modestly at say 3% over the next 10 years, it would still be more than USD 13 trillion! If they grow at about 6%, it would be a phenomenal USD 18 trillion. If we need to match China's GDP today in 10 years time, we need our GDP to grow at 17% y-o-y for the next 10 years. And this is all assuming the dollar stays stable. Both near impossible scenarios!