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The Times of India

Politics / The Times of India

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How rich must Indians be for India to be called developed?

India is on a trajectory to potentially achieve high-income status by the late 2040s, but requires sustained annual per capita GDP growth of at least 9%. Accelerating this growth hinges on boosting female workforce participation, enhancing capital formation through improved credit access, and prioritizing productivity gains via significant investment in indigenous technology. Fostering a high-trust society and increasing risk appetite are crucial for this ambitious goal.

2 Jul 2026 7:01 am