‘India isn’t catching up, it’s overtaking’: Strategist argues against India’s low per capita GDP logic against Japan

While India exceeds Japan to become the fourth largest economy after the United States, China and Germany, this followed a broader discussion on the wealth of Indians. While most experts say that the gross domestic product of the individual is the safest measure of measuring the country’s growth, there are others demanding otherwise.

Sidharith, a political and geopolitical strategic expert, said that India does not pick it up, it has exceeded. He said that the individual in India has grown faster than most European countries.

“Every time the economy of India rises, someone is in Bawat:” But the share of the GDP gross is low! India is not Monaco.

In response to another post, he said that India is on the right track and that the individual is still growing and not stagnant. “The presence of a large number of population is very important,” he said.

The CEO of Niti Ayog Bvr Subrahmanyam said if India holds what is planned and its idea, then it would be just 2-3 years before becoming the third largest economy.

According to the global economic expectations report issued by the International Monetary Fund (IMF), the GDP of India is 4,187.017 billion dollars (4 trillion dollars), exceeding 4,186.431 billion dollars in Japan. By 2028, India is expected to pay GDP to 5584.476 billion dollars to overcome Germany. China is the second largest economy of 19,231.705 billion dollars, while the United States tops the GDP with a value of 30,507.217 billion dollars.

Experts say this is not only the story of the rise of India, but also about the decline in Japan. In 2010, Japan has achieved an economy of about $ 6 trillion, which now reduces about $ 4.18 trillion, due to the aging of the population, the stagnant productivity and long -term contraction. India, on the other hand, has doubled the nominal GDP for a decade to appear as the fastest growth economy.

While the International Monetary Fund has expected India’s growth of 2025 about 6.2-6.5 percent, India needs to grow in a sustainable manner by 8 percent, similar to China and Japan’s growth in peak years, to really lock. Capital formation should also increase by 32 percent, but it is now 24 percent.

Experts have also indicated that the per capita GDP of India is equivalent to Japan in the fifties. Given the recession of Japan, India will need 22 years to reach the level of GDP of the individual.
The per capita GDP of Indian GDP in 2025 is about 2400 dollars, which is less than countries such as Kenya, Morocco, Libya, Mauritius and South Africa.