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dream vs reality

India’s economy is currently close to three trillion dollars. So reaching $ 50 trillion here in 28 years is possible only by miracles like ghost or future. however, The reality is that the country is on the verge of stagflation. That is, the rate of inflation is going to be higher than the rate of economic growth.

It is possible that industrialist Gautam Adani really thinks what he has said. He has said that by the year 2050, India’s economy will be 50 trillion dollars. If they really think so, then it will not be surprising at all. Because since 2002, the way she made a duet with the then Chief Minister of Gujarat, Narendra Modi, it had a miraculous effect on her life. His joining from a small businessman to two of the richest men in the country is nothing short of a charisma. So it would be considered justified for them to think that if such charisma can happen in their life, then why can’t it be in the Indian economy! However, the second dream he has with this is very small. That is that then no one will sleep hungry in India. That is, even after becoming the richest country in human history, the only thing of satisfaction for the majority of the people of India will be that they will get food for two times. Where would the rest of the $50 trillion go, what Adani would think about it, can be guessed.

However, take note of this. America is by far the richest country in human history and its economy is currently about 23 trillion dollars. China has now reached $18 trillion. There is no one else around. India’s economy is currently close to three trillion dollars. So reaching $ 50 trillion here in 28 years is possible only by miracles like ghost or future. However, the reality is that the country is on the verge of stagflation. That is, the rate of inflation is going to be higher than the rate of economic growth. Leave the poor, inflation is now making a dent in the pockets and savings of the middle class. Due to this the middle class is shrinking. It means that the consumer market of the country is shrinking. Meanwhile, the hopes of general prosperity of the country are getting dim. How is the condition of starvation, it can be felt by going to a market, where there is a sudden increase in the number of people begging. In the midst of this it is a matter of great courage to dream high. The nation should be thankful to Adani for showing such a dream!

Shubham Bangwal

Shubham Bangwal is a Senior Journalist at Youthistaan.com You can follow him on Twitter @sb_0fficial
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