G FOR AGAIN

IND IA
Projected GDP in 2025 GDP in 2012

China will probably overtake the USA as the worlds largest economy by 2025, or shortly thereafter. The rankings of in the global economic order are set for a major overhaul. As our graphics alongside illustrate, India could leapfrog France, Italy and Germany. But we have to cover a lot of ground to even match the current living standards of the socalled industrialised economies.

UK France Germany

Russia

Italy China INDIA Brazil

Japan

CH IN A

$7.8 trillion
JA PA N

Projected GDP in 2025

WELFARE ECONOMICS

GDP in 2012

$6.0 trillion

$28.1 trillion
Projected GDP in 2025

$6.9 trillion

$8.3 trillion
57
EMPLOY
of t ot a

$1.9 trillion
5

127.6

POP U
a t c o n su m

l po p

ME N
llion

GDP in 2012

0.04
.1 23

INFLATI
per 100

in m i

LATI

u l a t (in ion

ON
20

%)

78.7

INT ER NE
expendi ture

er p

ON (

10 .

RUSS IA

Projected GDP in 2025

$5.8 trillion

25
1

4065
5
4
JAPAN

12

HEALT

H (i

per s

T US
n

ri c e

in %
in

on s

ERS

12

13

/ca $) pit a

22

If the Indian economy were an airplane in mid-flight, it is facing the equivalent of a frightful turbulence. The rough patch has spooked some passengers more. Major drawbacks in the economy are ultimately keeping millions from moving up on the income ladder and well-being. Small businesses, the largest private employer, have been unable to grow or create more productive jobs. More people remain locked into agriculturea fact acknowledged in the Economic Survey, the governments official report card. Hunger continues to be scary, hence the need for a food law that will entitle cheaper cereals to the poor. India has not been able create a workforce capable of catching skilled jobs vacated by China. Reforms are vital to create jobs, overhaul Indias collapsing infrastructure, raise incomes and spur consumer demand to catalyse every sector, from farm to factory.

53

8.4

$2 trillion
141.9 2

58

GDP in 2012

5.1

49.3

INDIA

CHINA

RUSSIA

BRA ZIL

$5.2 trillion

Projected GDP in 2025

BRAZIL

WORLD ECONOMYS NEW PECKING ORDER

GERMANY FRANCE

WHATS WRONG? MORE WOMEN DIE IN INDIA DURING CHILDBIRTH THAN NEPAL AND BHUTAN. ITS ABOUT TIME TO REVERSE THE TREND

Country

GNI per capita 7476 5293 4943 3468 2550 1529 1160
Gross national income per capita indicates the average income of a person in an economy converted to dollars using purchasing power parity (PPP) rates.

Life expectancy 73 67 75 65 65 69 69
Life expectancy at birth indicates the number of years a newborn infant would live.

Total fertility rate 1.6 2.3 2.3 2.6 3.4 2.2 2.7
Total fertility rate indicates the number of children that would be born to each woman during her child-bearing years.

Maternal mortality rate 37 180 35 200 260 240 170

Maternal mortality ratio is the number of women who die during pregnancy and childbirth, per 100,000 live births.

Mean yrs of schooling 7.5 2.3 8.2 4.4 4.9 4.8 3.2
Mean years of schooling indicate number of years of education received by people.

China Bhutan Sri Lanka INDIA Pakistan Bangladesh Nepal

$2.4 trillion
GDP in 2012

525

990

45

5. 2 3 2 196.5

UNITED KIN GD O

$4.6 trillion

57

.0 6

8 3.4
2.15
81.77

. 60

89

73

.7

.8
3.
1

03

48
32

Projected GDP in 2025

$2.4 trillion
GDP in 2012

GERM AN Y

FRANCE

65

UK

ITALY

35

81

4668

4691 7 6.8

56

2.

63

1.9 2
63.41

IT

Y AL

55

51

$2.4 trillion

Projected GDP in 2025

$3.4 trillion
GDP in 2012

$2.6 trillion
GDP in 2012

$2 trillion
GDP in 2012

$4.4 trillion

$3.5 trillion

Projected GDP in 2025

Projected GDP in 2025