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India will take 20 yrs, 8-9% growth to become developed nation: Rangarajan

India will take 20 yrs, 8-9% growth to become developed nation: Rangarajan

by AIP Online Bureau | Dec 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

In order to reach the level of an upper middle-income country, the per capita income will have to be at a minimum of USD 13,205 and that will take more than two decades of strong growth of between 8 to 9 per cent to achieve it. Achievement of a USD 5 trillion economy...

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