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India turns 100 in 2047. Will it be a wealthy nation by then? Will poverty and homelessness be wiped out and will no child go hungry? If you choose to believe the statements of the country’s leaders and many optimists, India will be a paradise for all when it becomes a centenarian. Unfortunately, the reality is that a few decades from now, while the country will be among the top three economies of the world in terms of GDP, the nation will struggle to join the ranks of what are termed the ‘high income’ or ‘developed’ countries, even if it maintains its current growth rate in the intervening years.
Seventy-six years since Independence, India has seen much progress. It’s already one of the top five economies in the world, it’s the world’s fastest growing large economy, it’s a cinch to become a $5 trillion economy before this decade is over, and yet, all these positive indicators conceal an unpalatable truth: India presently has one of the largest populations of people below the poverty line (no matter where you decide to draw it), and this will continue to be the case when it hits the century mark. Besides poverty, the country faces multiple challenges in healthcare, education, and employment, as well as long-term threats such as global warming.
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