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India's Economic Growth Targets Viksit Bharat Dream
India wants to become a very rich country by 2047.
Right now, each person in India earns about $2,813 per year.
To reach the goal of being a high-income country, where each person earns about $18,000 per year, India needs to grow its economy by about 9.3% each year.
This growth includes both the increase in money earned by each person and the growth in the number of people.
The article says that if India grows its economy by 9.25% each year, it can reach this goal.
India aims to achieve a high-income status by 2047.
Current per capita income is $2,813 in 2025.
High-income threshold is about $18,000 per capita.
Requires a 9.3% annual growth rate in dollar GDP.
Includes 0.5% population growth and 8.8% per capita income growth.
- Who
- India
- What
- Economic growth targets
- Where
- India
- When
- 2025-2047
- Why
- To achieve Viksit Bharat dream
Key facts
- Per Capita Income (2025)
- $2,813
- High-Income Threshold
- $18,000
- Growth Rate Requirement
- 9.3%
- Population Growth Rate
- 0.5%
- GDP Growth Rate Requirement
- 9.25%
Sources
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