Recently, economic affairs secretary Subhash Garg made headlines when he said that India is expected to be the world’s third largest economy with a GDP of $10 trillion by 2030.
On the face of it, the $10 trillion number sounds impressive, and that too in a short span of just 12 years.
So what did Mr Garg factor in as the economy’s growth rate over this period while making this projection? And is it a case of underestimation or is it business as usual?
At the end of 2017, India’s GDP at current prices stood at $2.59 trillion, according to the Worl.....