{"id":30278,"date":"2022-09-13T14:02:25","date_gmt":"2022-09-13T08:32:25","guid":{"rendered":"https:\/\/plyinsight.com\/?p=30278"},"modified":"2022-09-13T14:05:19","modified_gmt":"2022-09-13T08:35:19","slug":"india-will-be-an-upper-middle-class-income-country-by-2047","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/india-will-be-an-upper-middle-class-income-country-by-2047\/","title":{"rendered":"India will be an Upper Middle Class Income Country by 2047"},"content":{"rendered":"<p><span style=\"color: #000000;\">Vivek Devroy, chairman of the Economic Advisory Council to the Prime Minister (EACPM), has claimed that if India&#8217;s GDP grows at a relatively conventional rate of 7 to 7.5 percent for the next 25 years, then by 2047, India will be an upper middle-income country. <\/span><br \/>\n<span style=\"color: #000000;\">If this happens, then the size of India&#8217;s economy will be $ 20 trillion and its per capita income will be around $ 10,000, when the country will be celebrating its 100th anniversary of independence.<\/span><\/p>\n<p><span style=\"color: #000000;\">While the target of 7 to 7.5 per cent growth may not seem like a big deal, it is a difficult target to sustain it for 25 years, as the data shows. India&#8217;s average annual GDP growth rate from 1997-98 to 2021-22 has been 6 percent.<\/span><\/p>\n<p><span style=\"color: #000000;\">In fact, the growth rate of the country&#8217;s GDP has been 7 percent or above for 5 consecutive years only once in 30 years. Or say that this has happened only once after the economy was opened in 1991-92.<\/span><\/p>\n<p><span style=\"color: #000000;\">It may be argued that the average annual growth does not mean that the growth rate is 7 to 7.5 per cent every year. Some years it may have higher growth rates and some years lower growth rates, but the average rate may remain within this range.<\/span><\/p>\n<p><span style=\"color: #000000;\">But this has not happened in the economy during the last 25 years and the annual growth rate has averaged 6 percent since 1998. It can also be said that there is not much difference between 6% and 7.5% growth. But if we look at the rate of continuous growth of 25 years, then it is looks more tough to achieve.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>2047 \u0924\u0915 \u092d\u093e\u0930\u0924 \u0909\u091a\u094d\u091a \u092e\u0927\u094d\u092f \u0906\u092f \u0935\u093e\u0932\u093e \u0926\u0947\u0936 \u092c\u0928 \u091c\u093e\u092f\u0947\u0917\u093e<\/strong><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\">\u092a\u094d\u0930\u0927\u093e\u0928\u092e\u0902\u0924\u094d\u0930\u0940 \u0915\u0940 \u0906\u0930\u094d\u0925\u093f\u0915 \u0938\u0932\u093e\u0939\u0915\u093e\u0930 \u092a\u0930\u093f\u0937\u0926 (\u0908\u090f\u0938\u0940\u092a\u0940\u090f\u092e) \u0915\u0947 \u091a\u0947\u092f\u0930\u092e\u0948\u0928 \u0935\u093f\u0935\u0915\u0947 \u0926\u0947\u0935\u0930\u0949\u092f \u0928\u0947 \u0926\u093e\u0935\u093e \u0915\u093f\u092f\u093e \u0915\u093f \u0905\u0917\u0930 \u092d\u093e\u0930\u0924 \u0915\u093e \u0938\u0915\u0932 \u0918\u0930\u0947\u0932\u0942 \u0909\u0924\u094d\u092a\u093e\u0926 (\u091c\u0940\u0921\u0940\u092a\u0940) \u0924\u0941\u0932\u0928\u093e\u0924\u094d\u092e\u0915 \u0930\u0942\u092a \u0938\u0947 \u092a\u0930\u0902\u092a\u0930\u093e\u0917\u0924 \u0930\u092b\u094d\u0924\u093e\u0930 7 \u0938\u0947 7.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0915\u0940 \u0926\u0930 \u0938\u0947 \u092d\u0940 \u0905\u0917\u0932\u0947 25 \u0938\u093e\u0932 \u092c\u095d\u0924\u093e \u0939\u0948\u0902 \u0924\u094b 2047 \u0924\u0915 \u092d\u093e\u0930\u0924 \u0909\u091a\u094d\u091a \u092e\u0927\u094d\u092f \u0906\u092f \u0935\u093e\u0932\u093e \u0926\u0947\u0936 \u092c\u0928 \u091c\u093e\u090f\u0917\u093e\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0905\u0917\u0930 \u0910\u0938\u093e \u0939\u094b\u0924\u093e \u0939\u0948 \u0924\u094b \u092d\u093e\u0930\u0924 \u0915\u0940 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u093e \u0906\u0915\u093e\u0930 20 \u0932\u093e\u0916 \u0915\u0930\u094b\u095c \u0921\u0949\u0932\u0930 \u0939\u094b\u0917\u093e \u0914\u0930 \u0907\u0938\u0915\u0940 \u092a\u094d\u0930\u0924\u093f \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0906\u092e\u0926\u0928\u0940 \u0915\u0930\u0940\u092c 10,000 \u0921\u0949\u0932\u0930 \u0939\u094b\u0917\u0940, \u091c\u092c \u0926\u0947\u0936 \u0905\u092a\u0928\u0940 \u0938\u094d\u0935\u0924\u0902\u0924\u094d\u0930\u0924\u093e \u0915\u0940 100\u0935\u0940\u0902 \u0935\u0930\u094d\u0937\u0917\u093e\u0902\u0920 \u092e\u0928\u093e \u0930\u0939\u093e \u0939\u094b\u0917\u093e\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0939\u093e\u0932\u093e\u0902\u0915\u093f 7 \u0938\u0947 7.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0935\u0943\u0926\u094d\u0927\u093f \u0915\u093e \u0932\u0915\u094d\u0937\u094d\u092f \u092c\u0939\u0941\u0924 \u091c\u094d\u092f\u093e\u0926\u093e \u0928\u091c\u0930 \u0928\u0939\u0940\u0902 \u0906\u0924\u093e, \u0932\u0947\u0915\u093f\u0928 \u0907\u0938\u0947 25 \u0938\u093e\u0932 \u0924\u0915 \u092c\u0930\u0915\u0930\u093e\u0930 \u0930\u0916\u0928\u093e \u0915\u0920\u093f\u0928 \u0932\u0915\u094d\u0937\u094d\u092f \u0939\u0948, \u091c\u0948\u0938\u0947 \u0915\u093f \u0906\u0915\u095c\u094b\u0902 \u0938\u0947 \u092a\u0924\u093e \u091a\u0932\u0924\u093e \u0939\u0948\u0964 \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 1997-98 \u0938\u0947 2021-22 \u0924\u0915 \u092d\u093e\u0930\u0924 \u0915\u0940 \u0914\u0938\u0924 \u0938\u093e\u0932\u093e\u0928\u093e \u091c\u0940\u0921\u0940\u092a\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 6 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0930\u0939\u0940 \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0926\u0930\u0905\u0938\u0932 \u0926\u0947\u0936 \u0915\u0940 \u091c\u0940\u0921\u0940\u092a\u0940 \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 \u0932\u0917\u093e\u0924\u093e\u0930 5 \u0938\u093e\u0932 \u0924\u0915 7 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u092f\u093e \u0907\u0938\u0938\u0947 \u090a\u092a\u0930 \u0938\u093f\u0930\u094d\u092b 30 \u0935\u0930\u094d\u0937\u094b\u0902 \u092e\u0947\u0902 \u090f\u0915 \u092c\u093e\u0930 \u0930\u0939\u0940 \u0939\u0948\u0902\u0964 \u092f\u093e \u0915\u0939\u0947\u0902 \u0915\u093f 1991-92 \u092e\u0947\u0902 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0916\u094b\u0932\u0947 \u091c\u093e\u0928\u0947 \u0915\u0947 \u092c\u093e\u0926 \u0938\u093f\u0930\u094d\u092b \u090f\u0915 \u092c\u093e\u0930 \u0910\u0938\u093e \u0939\u0941\u0906 \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u092f\u0939 \u0924\u0930\u094d\u0915 \u0938\u093e\u092e\u0928\u0947 \u0906 \u0938\u0915\u0924\u093e \u0939\u0948 \u0915\u093f \u0914\u0938\u0924 \u0938\u093e\u0932\u093e\u0928\u093e \u0935\u0943\u0926\u094d\u0927\u093f \u0915\u093e \u092f\u0939 \u092e\u0924\u0932\u092c \u0928\u0939\u0940\u0902 \u0939\u0948 \u0915\u093f \u0939\u0930 \u0938\u093e\u0932 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 7 \u0938\u0947 7.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0930\u0939\u0947\u0964 \u0915\u0941\u091b \u0935\u0930\u094d\u0937\u094b\u0902 \u092e\u0947\u0902 \u0907\u0938\u0938\u0947 \u091c\u094d\u092f\u093e\u0926\u093e \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 \u0914\u0930 \u0915\u0941\u091b \u0935\u0930\u094d\u0937\u094b\u0902 \u092e\u0947\u0902 \u0915\u092e \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 \u0930\u0939 \u0938\u0915\u0924\u0940 \u0939\u0948, \u0932\u0947\u0915\u093f\u0928 \u0914\u0938\u0924 \u0926\u0930 \u0907\u0938 \u0938\u0940\u092e\u093e \u0915\u0947 \u092d\u0940\u0924\u0930 \u0930\u0939 \u0938\u0915\u0924\u0940 \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0932\u0947\u0915\u093f\u0928 \u092a\u093f\u091b\u0932\u0947 25 \u0938\u093e\u0932 \u0915\u0947 \u0926\u094c\u0930\u093e\u0928 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u092e\u0947\u0902 \u0910\u0938\u093e \u0928\u0939\u0940\u0902 \u0939\u0941\u0906 \u0914\u0930 \u0938\u093e\u0932\u0928\u093e \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 \u0935\u093f\u0924 \u0935\u0930\u094d\u0937 1998 \u0938\u0947 \u0914\u0938\u0924 6 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0930\u0939\u0940\u0964 \u092f\u0939 \u092d\u0940 \u0915\u0939\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948 \u0915\u093f 6 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0914\u0930 7.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0935\u0943\u0926\u094d\u0927\u093f \u092e\u0947\u0902 \u091c\u094d\u092f\u093e\u0926\u093e \u0905\u0902\u0924\u0930 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u0932\u0947\u0915\u093f\u0928 \u0905\u0917\u0930 25 \u0938\u093e\u0932 \u0915\u0940 \u0932\u0917\u093e\u0924\u093e\u0930 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930 \u0915\u0947 \u0939\u093f\u0938\u093e\u092c \u0938\u0947 \u0926\u0947\u0916\u0947\u0902 \u0924\u094b \u092f\u0939 \u091c\u094d\u092f\u093e\u0926\u093e \u0928\u091c\u0930 \u0906\u0924\u0940 \u0939\u0948\u0902\u0964<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Vivek Devroy, chairman of the Economic Advisory Council to the Prime Minister (EACPM), has claimed that if India&#8217;s GDP grows at a relatively conventional rate of 7 to 7.5 percent for the next 25 years, then by 2047, India will be an upper middle-income country. If this happens, then the size of India&#8217;s economy will [&hellip;]<\/p>","protected":false},"author":1,"featured_media":30280,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3386,3387,603,1143],"class_list":["post-30278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-3386","tag-economic-advisory-council","tag-economy","tag-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>India will be an Upper Middle Class Income Country by 2047 - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/india-will-be-an-upper-middle-class-income-country-by-2047\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India will be an Upper Middle Class Income Country by 2047 - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"Vivek Devroy, chairman of the Economic Advisory Council to the Prime Minister (EACPM), has claimed that if India&#8217;s GDP grows at a relatively conventional rate of 7 to 7.5 percent for the next 25 years, then by 2047, India will be an upper middle-income country. 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