Amitabh Kant asked ‘why India still developing, not developed nation'. His reply
7 months, 3 weeks ago

Amitabh Kant asked ‘why India still developing, not developed nation'. His reply

Hindustan Times  

Former NITI Aayog CEO Amitabh Kant explained why India is still classified as a developing nation rather than a developed one despite being one of the top five economies in the world after he was asked about the same. Amitabh Kant was asked on X, “My question is simple and the question is why India is still not regarded as developed nation but developing nation despite being top five economies of the world. @amitabhk87.” India's G20 Sherpa and former Niti Aayog CEO Amitabh Kant during the CII Southern Region Annual Regional Meeting 2024 and conference on 'Deccan Conversations: Accelerating Our Growth Story, in Bengaluru. Jefferies noted, “Over the next 4 years, India’s GDP will likely touch $5 trillion making it the 3rd largest economy by 2027, overtaking Japan and Germany, being the fastest growing large economy with the tailwinds of demographics, improving institutional strength and improvement in Governance."

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History of this topic

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant
3 months, 4 weeks ago

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant

News 18  

India will be driving 20 per cent of the world’s economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. The country will be driving 20 per cent of the world’s economic growth in the next decade, he added. “If India is to grow at 9-10 …

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant
10 months, 1 week ago

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant

ABP News  

India is set to become the third-largest economy and stock market in the world in the next five years, G20 Sherpa and former NITI Aayog chairman Amitabh Kant said at the India Dialog conference, organised by the Stanford University US-Asia Technology Management Center, in partnership with the Institute for Competitiveness. Sharing his inputs on the country’s growth, Kant stated: “In …

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant
10 months, 3 weeks ago

India needs to grow at rapid rates to become $35 trn economy by 2047: Kant

Business Standard  

"Our aim will be to become the cheapest producer, the cheapest exporter of green hydrogen and its liquid form ammonia and to be the biggest manufacturer of electrolyzer," he said | Photo: Bloomberg India will be the third largest economy by 2027 and it needs to grow at rapid rates to become a $35 trillion economy by 2047, the country's …

India to be developed country by 2047: Rajnath Singh
1 year, 7 months ago

India to be developed country by 2047: Rajnath Singh

Deccan Chronicle  

Sasaram : Defence Minister Rajnath Singh on Saturday asserted that the country has been making rapid economic progress and is tipped to become a developed nation by the time it celebrates the centenary of its Independence. Addressing the convocation of a private university in Bihar's Rohtas district, Singh also noted with delight that there has been an increasing appreciation of …

Southern states key drivers of India's $5 trillion economy ambition: Amitabh Kant
1 year, 7 months ago

Southern states key drivers of India's $5 trillion economy ambition: Amitabh Kant

India Today  

India’s G20 Sherpa and former Niti Aayog CEO Amitabh Kant said southern states will play a central role in India's ambition to become a $5 trillion economy. He said southern states are way ahead in terms of GDP growth and per capita income, adding that they have achieved outstanding results in areas such as health, education, and nutrition. Kant went …

Indian economy 'can touch USD 20 trillion by 2047'
2 years, 4 months ago

Indian economy 'can touch USD 20 trillion by 2047'

Firstpost  

India, which is the world’s sixth largest economy with a GDP of USD 2.7 trillion, is currently classified as a developing nation New Delhi: Economic Advisory Council to the Prime Minister Chairman Bibek Debroy on Tuesday said Indian economy’s size will touch USD 20 trillion by 2047 provided the annual average growth is 7-7.5 per cent in the next 25 …

Sanjeev Ahluwalia | Can India be a developed nation before it gets rich?
2 years, 4 months ago

Sanjeev Ahluwalia | Can India be a developed nation before it gets rich?

Deccan Chronicle  

Prime Minister Narendra Modi advocated India becoming a developed nation by 2047, as the new national aspiration, on Independence Day this year. Over the next 25 years, we should double our per capita growth momentum over the four per cent per year that we achieved in the period between 2012 and 2021. Sadly, even a relatively high growth rate of …

India only G20 nation well on track to achieve Paris agreement goal: Amitabh Kant
3 years, 2 months ago

India only G20 nation well on track to achieve Paris agreement goal: Amitabh Kant

The Hindu  

India’s efforts in mainstreaming sustainability and reducing carbon footprint should inspire countries across the world, Niti Aayog CEO Amitabh Kant said on Tuesday, while pointing out that India is the only G20 nation well on track to achieve the goals mentioned under the Paris Agreement. Addressing the ‘Schneider Innovation India summit 2021’ virtually, Mr. Kant said India introduced the faster …

India must remain a part of global economy, open: Amitabh Kant
3 years, 11 months ago

India must remain a part of global economy, open: Amitabh Kant

The Hindu  

India must remain an integral part of the global economy if it has to grow at 9-10% over the next three decades, NITI Aayog CEO Amitabh Kant said. “If India has to grow at 9-10% over a three-decade period, it must be open, it must be an integral part of the global economy. Mr. Kant further pointed out the government’s …

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