The Big ❓ How can India be a developed country by 2047 ❓
“I don’t think it is plausible, but it is feasible. To do it, India will have to do something pretty close to what China did in the 20 years leading up to 2012. Even if it doesn’t, and merely continues on its present track, India is likely to become, by most definitions, a superpower by the middle of the century,” Wolf said in a talk titled "What would it take for India to become a developed country by 2047."
In his recent visit to India at CUTS 40th Anniversary lecture in New Delhi, Martin Wolf, the Chief Economics Commentator, The Financial Times, London has presented his views for 30 minutes. He made it clear that India needs to work on three key points — Industrialisation, Education and Unemployment.
(The CUTS lecture)
https://www.youtube.com/live/o6Mnf1IanyI?si=nZl8SasAroFBiXJ5
I agree to Wolf's remarks as these are the biggest constraints that can possibly dent India's chances of becoming a developed nation. I want to add income gap as another major constraint.
What do you say?