Goldman Sachs Research

Ten Things for India to Achieve its 2050 Potential

SOURCE: GLOBAL INVESTMENT RESEARCH

Ten reforms to maximize growth

  • As we have shown before, India could be 40 times bigger by 2050.

  • To achieve this, India needs to implement many changes.

  • India needs to improve its governance, control inflation, introduce credible fiscal policy, liberalize financial markets and increase trade with its neighbors.

  • It also needs both to significantly raise its basic educational standards, and increase the quality and quantity of its universities.

  • India needs to boost agricultural productivity, improve its infrastructure and environmental quality.

  • Delivery of all these would ensure strong, persistent, medium to long-term growth, allowing India to reach its amazing potential.

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Jim O’Neill
Managing Director, Investment Management Division

Tushar Poddar
Vice President, Investment Management Division