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.
Jim O’Neill
Managing Director, Investment Management Division
Tushar Poddar
Vice President, Investment Management Division
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