Can India Become a Developed Economy and Catch Up with China? | Mint Explains | Mint

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The video discusses India's potential for becoming a developed economy and compares its growth prospects to those of China. It basically talks about three different scenarios that could play out for India's growth in the future, depending on different factors. We will also shed light on four things we need to keep in mind when thinking about India's overall growth prospects.

#indianeconomy #indiagrowth #economicgrowth #gdpgrowth #mint

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As an Indian national hero who suffered the unbearable humiliation of being paraded like cattle in an auction by the enemy, I say we Indians trying desperately to replace China as the manufacturing hub of world is just like our fight with corruption. We Indians just can't win

Tea_Is_Fantastic
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India already close to 4 trillion dollar in GDP nominal and around 2025-26 it will be 5 trillion dollar economy.

aj_
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This is a very pessimistic analysis… according to IMF itslef India will become 5 trillion dollar economy by 2026-27 and makes sense we are already 3.5 trillion or more today … Every country has more problems when it’s a poorer country to manage popukation but India is enetring an era of infrastructure and manuf which govt is pushing hard on…. So even if you consider base effect we would reach 10 Trillion by 2035… your eatimation is very lowballing… India hasn’t even fully capitalised on it’s matket as many infrastructure projects are under construction or in planning stage…

ayushc
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Hey you are present India's wrong map and correct it 😡😡😡

upscmotivationalvideos
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It's a noble cause to develop one's economy for the betterment of the ordinary people's livelihoods. If Indians wish to develop just for the sake of overtaking China, it's bound to fail. China has advantages both in its infrastructure, ease of doing business, economies of scale, higher productivity, lower cost of production, disciplined and educated workforce etc. which India lacks at the moment

Cuthburt_Throatwasp
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plzz use correct map of India ! (1:52)

Sachin-eidt
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please listen to an analyst Mr jayant Bhandari, very very clear about india, it's not possible that india can come close to China till the world is there, not in any birth,

mahendrarathod
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Given China's advantageous initial economic development and its subsequent challenges, India faces a more complex path to economic growth due to several distinct factors. One crucial aspect is India's comparatively less flexible approach and behavior, in contrast to China's adaptive strategies during its early economic expansion. Notably, when China embarked on its economic journey in 1995, it fostered amicable relations with various countries, including the United States. Additionally, India grapples with numerous fragmented zones, and an inherent disparity in perceiving its diverse population, posing a significant hurdle. Furthermore, certain ill-advised decisions aimed at bolstering political stability have inadvertently undermined India's global standing and contributed to a potential future depreciation of its value.

fallinloveatfirstdream
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Haters will hate. But, Glimpse of Akhand Bharat map😂❤🇮🇳

none_of_your_business
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5th point India should be united on religion basis👍

zhurongonmars
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India can reach 9 % annual growth if the two pending reforms are implemented, namely Labour and Land Laws. BJP supports both these laws, but the problem is opposition from Congress with its socialist and anti-growth ideology.

mvkudva
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I honestly havent laughed so much than since i subbed 😅

markfoth
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every thing is possible if bjp and pm modi continues but what happened in Karnataka do not auger well - it all depends on the fate of India

radhakrishnanpp
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China and India dominated exports in first 1800years before foreign invasions

Manjunathnswamy
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Hasn't India already dominated China in ALMOST every industry?

jlmo
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First need to political will and need to change strong law against corruption, so it will be help to grow faster otherwise cant..

praaj_official
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Yes India can become a developed nation by 2047 year.

suneetabhat
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i just dont see it, i think the main problem is resources, where will india get the resources to support its population. biggest example is water. china have more water than india but it already having problem not having enough water for manufacturing.

kimeli
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No, however it will be better than at present.

whitemoon
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Shame on you show to incorrect India map.

binaymehta