The World Bank says India can achieve high income as an economic growth of economic growth – 2047. Here's how


The new World Bank report today is highlighted today to provide a higher income rate in the next 22 years to provide a higher income from 20000 to 2024. However, the report states that this goal is confirmed. However, emphasizes that the ambitious reforms are required to achieve this goal.

World Bank Director Augustteta Tao Kopme said that by merging the global economy, India, such as Chile, Korea and Poland, can be learned from countries, such as Chile, Korea and Poland. India must accelerate reforms to achieve equal success and is to be built on its past achievements.

According to the report of three growth, over the next 22 years, the report states. The state of states involves a rapid increase in the states, which leads to higher income status, and by 40.5 percent from GDP from GDP from 40.5 percent from 40.5 percent from 40.5 percent to 65 percent.

The importance of investing in human capital, Emilia Skylia Skyk and Exchange, the importance of investing in human capital, improves the participation of the women's workforce up to 50 percent by 2047.

India's growth rate has risen by 7.2 percent in the last three financial years. The report recommends focusing on four intensive areas for the maintenance of this speed and increase a growth rate of 7.8 percent to 7.75 to promote the structural transformation, promote structural translation and building a structural translation.

Investment in the report is vital that strengthening the regulations of the Finance Division, removing the obstacles for MSMes and simplifying the FDI policies. The private sector is required to feed the private sector and to feed the private sector and invested economy to invest in more jobs, investment and innovation of innovation.

The promotion of structural transformation is to regulate the resources of modern technology and regularize the use of resources to productive sectors such as products and services. These measures improve the productivity and competitiveness, and to suit the peers like Thailand, Vietnam and China for global value chains participation.

Finally, the states advise for a differential policy approach to ease states. Low developed states should focus on improving growth principles and the more developed states must implement the next generation reforms. The center can assist with the incentive, helping to help low income people to low income families and touch with the leading states.



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