Expected to grow by 6.5% compared to China’s 5% in 2024, India’s expected to become the third-largest economy in the world, outpacing Japan and Germany, with a gross domestic product (GDP) projection of US$5 trillion by 2027 and US$7 trillion by 2030. Its focus on bringing in forei...
The RBI projection in its August Monetary Policy Statement for real GDP growth for fiscal year 2023-24 remained unchanged at 6.5%. Domestic economic activity is assessed by the RBI to have remained resilient in the April-June quarter of fiscal year 2023-24, as reflected in high-f...
The per-capita GDP of India was INR 128,829 at current price in 2020–21. Normally, three times the per-capita GDP is assumed to be the willingness-to-pay (WTP) threshold value. Anything less than one per capita GDP is considered highly cost effective, which is often attributed to the...
By 2030, approximately 40% of India’s population would likely reside in urban areas and contribute 75% of the country’s GDP [41, 42]. In recent decades, India has seen tremendous urbanisation and industrial expansion, resulting in weather extremes that have adversely affected the overall ...
Box 1. Growth assumptions MGI assumes an 8.0 percent annual GDP growth rate between 2009 and 2018, stabilizing to 7.0 percent between 2018 and 2030. From 2008 to 2030, therefore, annual GDP growth is an average of 7.4 percent. We take this pro...
The Informal Settlements contribute to about 7.53 per cent of the urban gross domestic product (GDP), assuming that the urban GDP is about 60.00 per cent of the total GDP of the country, India. The Slums and Squatter Settlements usually develop informally without following guidelines of the ...
As one of theworld's largest producersof textiles and apparel, India presently ranks behind China as the world's second-largest manufacturer of textiles and garments. The textile and apparel industry represents over 4% of India’s total GDP and more than 14% of the country’s export...
Government Debt: % of GDP (%) 58.3 Sep 2024 quarterly Mar 2012 - Sep 2024 Forecast: Government Expenditure (INR bn) 151,611.822 2030 yearly 1989 - 2030 Forecast: Government Net Debt (INR bn) 423,251.563 2030 yearly 1992 - 2030 Forecast: Government Revenue (INR bn) 115,871.308 2030...
(GHG) emissions intensity of its GDP by 33-35% below 2005 levels and achieving 40% of cumulative installed power generation capacity from non-fossil sources by 203010,11. To further its global climate commitment and leadership, it has pledged at the UN Climate Summit in 2019 a target of ...
400MW of electricity by 2017-18. This will spur much of the latent industrial and agricultural activity, thus improving the lives of ordinary citizens. Pakistan estimates that there will be a 15 percent increase in its GDP by 2030, when the CPEC is due for completion. The rest of the ...