| India: Accelerated Reforms Needed to Speed up Growth and Achieve High-Income Status by 2047
February 28, 2025—A new World Bank report, launched today, notes that India will need to grow by 7.8 percent on average over the next 22 years to achieve the country's aspirations of reaching high-income status by 2047.
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| Recognizing India's fast pace of growth averaging 6.3 percent between 2000 and 2024[1], the report notes that India's past achievements provide the foundation for its future ambitions. Getting there however would require reforms and their implementation to be as ambitious as the target itself. |