[quote name='Arun_S' date='23 March 2010 - 10:23 PM' timestamp='1269362747' post='105394']
[url="http://www.business-standard.com/india/news/economy-to-touch-25-trn-in-5-years-sharma/89272/on"]
Economy to touch $2.5 trn in 5 years: Sharma[/url]
[/quote]
This is a very conservative estimate.My guess is that we will reach 2.5T by 2013(march 2014)at most. seeing that inflation is playing Tandav so nominal G.D.P is going to be the proverbial rubber tires that are going to hit the road.Mind u this is also a tad conservative estimate so u can expect it to happen even before.
Another point is currency appreciation.Both America and Europe have literally put china's A$$ on fire to appreciate its currency.If that happens which I am sure will then India will also have to appreciate its currency
though maybe not by that same percentage and then we will see a 2.5T economy by march 2012 max.
[url="http://www.business-standard.com/india/news/economy-to-touch-25-trn-in-5-years-sharma/89272/on"]
Economy to touch $2.5 trn in 5 years: Sharma[/url]
[/quote]
This is a very conservative estimate.My guess is that we will reach 2.5T by 2013(march 2014)at most. seeing that inflation is playing Tandav so nominal G.D.P is going to be the proverbial rubber tires that are going to hit the road.Mind u this is also a tad conservative estimate so u can expect it to happen even before.
Another point is currency appreciation.Both America and Europe have literally put china's A$$ on fire to appreciate its currency.If that happens which I am sure will then India will also have to appreciate its currency
though maybe not by that same percentage and then we will see a 2.5T economy by march 2012 max.