[🇮🇳] India could be $55 trillion economy by 2047 with 8% growth: IMF official

[Krishna with Flute]

Date of Event: Aug 21, 2025

Source : https://www.google.com/amp/s/www.business-standard.com/amp/economy/news/india-could-be-55-trillion-economy-by-2047-with-8-growth-imf-official-124082001347_1.html

India could be $55 trillion economy by 2047 with 8% growth: IMF official​

Krishnamurthy V Subramanian says India can achieve the feat if the country can keep the inflation below 5%​

Krishnamurthy V Subramanian, executive director, International Monetary Fund (IMF)
Shiva RajoraNew Delhi
2 min read Last Updated : Aug 20 2024 | 10:12 PM IST
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Indian economy is slated to grow to $55 trillion by 2047, if the country is able to register an average real growth rate of 8 per cent in the coming years with average inflation remaining around 5 per cent, said Krishnamurthy V Subramanian, executive director, International Monetary Fund (IMF), on Tuesday at a Business Today event.
He said that 8 per cent is ambitious but achievable, especially given the demography and the kind of policies that have been implemented over the past ten years like the public digital infrastructure, innovation and entrepreneurship.
“If you take entrepreneurship, World Bank data from 2004 to 2014 shows that new firm creation was 3.2 per cent on average. From 2014 onwards, this new rate is orders of magnitude higher. As a result, you have the third-largest entrepreneurial ecosystem in the world, which will help with the productivity growth in the formal sector,” he said.

India could be $55 trillion economy by 2047 with 8% growth: IMF official​

Krishnamurthy V Subramanian says India can achieve the feat if the country can keep the inflation below 5%​

Krishnamurthy V Subramanian, executive director, International Monetary Fund (IMF)
Shiva RajoraNew Delhi
2 min read Last Updated : Aug 20 2024 | 10:12 PM IST
Connect with us

Indian economy is slated to grow to $55 trillion by 2047, if the country is able to register an average real growth rate of 8 per cent in the coming years with average inflation remaining around 5 per cent, said Krishnamurthy V Subramanian, executive director, International Monetary Fund (IMF), on Tuesday at a Business Today event.

He said that 8 per cent is ambitious but achievable, especially given the demography and the kind of policies that have been implemented over the past ten years like the public digital infrastructure, innovation and entrepreneurship.

“If you take entrepreneurship, World Bank data from 2004 to 2014 shows that new firm creation was 3.2 per cent on average. From 2014 onwards, this new rate is orders of magnitude higher. As a result, you have the third-largest entrepreneurial ecosystem in the world, which will help with the productivity growth in the formal sector,” he said.

 

[Krishna with Flute]

So far, all the forecast on Indian economy by these International bodies had always been pessimistic. India always grew faster than what was forecasted. 55 Tr USD would put India On the top of all economy. Huge gold and oil reserves found recently will provide critical capital for India's growth. What could be achieved in long time can be achieved in short time with petro capital and gold. Ultimately, the Sanskrit saying " Satyamev Jayati", is proving to be correct. All those fraud western nations whose property came from exploitation are regressing. Inspite of lots of exploitation, we are progressing. We are god's own country.

 

[Jiangnan]

look. indian

Krishnamurthy Subramanian - Wikipedia

en.m.wikipedia.org

Only Indians are willing to believe in Indians?

 

[Krishna with Flute]

look. indian

Krishnamurthy Subramanian - Wikipedia

en.m.wikipedia.org

Only Indians are willing to believe in Indians?

China has no Chinese to believe him/her in such high rank institutions. Cockroach eaters have not good enough IQ to get qualified to be appointed in such bodies.

 

[Jiangnan]

China has no Chinese to believe him/her in such high rank institutions. Cockroach eaters have not good enough IQ to get qualified to be appointed in such bodies.

Indians, go eat sh1t. lizards. Cat, dog, monkey. So Indian IQ is as short as Indian height. Mocked by the whole world as non-human.

IMF SDR Elite Reserve Currency USD and RMB. The garbage banknotes used by India's 1.4 billion pigs are only suitable for wiping their butts.

 

[Bilal9]

China has no Chinese to believe him/her in such high rank institutions. Cockroach eaters have not good enough IQ to get qualified to be appointed in such bodies.

Let's not troll Krishan dada, I don't want to start deleting posts.

 

[Bilal9]

Indians, go eat sh1t. lizards. Cat, dog, monkey. So Indian IQ is as short as Indian height. Mocked by the whole world as non-human.

IMF SDR Elite Reserve Currency USD and RMB. The garbage banknotes used by India's 1.4 billion pigs are only suitable for wiping their butts.

NO need to respond to troll posts brother.

I don't want to start deleting posts.

 

[Bilal9]

 

[Krishna with Flute]

Let's not troll Krishan dada, I don't want to start deleting posts.

It was in response to a chronic, abusive , liar whose contribution to forum is only dirt and filthy pictures posted again and again. If you want this forum to be better, please check him.

 

[Bilal9]

It was in response to a chronic, abusive , liar whose contribution to forum is only dirt and filthy pictures posted again and again. If you want this forum to be better, please check him.

Why not stop responding and just report?

 

[Krishna with Flute]

Why not stop responding and just report?

What will I gain by reporting. Whosoever abuses India is your favourite. You would have taken action otherwise on lots of garbage he posted here. He keeps posting same thing again and again.

 

[Jiangnan]

Why not stop responding and just report?

He cannot report it. Because he attacked first, if he reports to you, he will expose himself.

 

[Krishna with Flute]

 

[Krishna with Flute]

India has overcome almost all technical challenges. India is the innovation hub of world with world's highest development centers of MNCs. Now, India needs only political stability for couples of decades and India shall be the world's leading economy, most powerful nation and Vishwaguru.

 

[Krishna with Flute]

Like Modi had said once, he did not believe in short term measures. He starts improving systems, work on basics, remove obstacles, provide level playing field and let their be a fair competition. Rest will be taken care by Indians full of aspirations.

 

[Krishna with Flute]

The only thing that will stop India to be No 1 economy is weak government in Delhi. US is trying hard for regime change to make its puppet seat on throne of Delhi so that it can manipulate the affairs in India. Just 10 more years of power for Modi/Yogi and we shall marginalize US and China. We have done that to a fair extent. We can show them their place.

 

[Bilal9]

India has overcome almost all technical challenges. India is the innovation hub of world with world's highest development centers of MNCs. Now, India needs only political stability for couples of decades and India shall be the world's leading economy, most powerful nation and Vishwaguru.

Amen! If Indians want it - then it will happen.

No need to compare to other countries.

 

[Bilal9]

The only thing that will stop India to be No 1 economy is weak government in Delhi. US is trying hard for regime change to make its puppet seat on throne of Delhi so that it can manipulate the affairs in India. Just 10 more years of power for Modi/Yogi and we shall marginalize US and China. We have done that to a fair extent. We can show them their place.

Bangladesh already fell, next is India.

 

[Bilal9]

What will I gain by reporting. Whosoever abuses India is your favourite. You would have taken action otherwise on lots of garbage he posted here. He keeps posting same thing again and again.

If you don't report then I won't know.