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