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India's pace of economic growth shows that its Viksit Bharat dream is not out of reach

The author refutes Bloomberg's miscalculated assessment of India's economic trajectory towards developed nation status by 2047. Bloomberg incorrectly compared dollar growth requirements with India's constant-price growth. Correcting this, the author demonstrates India's actual dollar GDP growth (8.8% historically) nearly meets the 9.3% target, significantly narrowing the perceived gap. India's consistent 7%+ real growth post-pandemic, amidst global challenges, deserves credit. Existing constraints are headroom, not limitations. The author is highly supportive of India's economic prospects, dismissing criticism based on flawed methodology.

LiveMint · V. Anantha Nageswaran · Sep 1, 2026 at 11:06 AM

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