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NATION                                                                         MAY 28, 2021  |    The Indian Eye                          11




































































                                                                                                            india’s growth trajectory

                                                                                                                n the next years, India is expected
                                                                                                                to surpass China in term of popula-
                                                                                                            Ition and become the country with
                                                                                                            the highest population of the world: It
                                                                                                            is a power that can be used efficiently.
                                                                                                            Technology is still an important key of
                                                                                                            the India’s population: the future will
                                                                                                            be focused on skills and creativity.
                                                                                                                By 2025, it is said that the digital
                                                                                                            economy will be around 20% of the
                                                                                                            GDP total (Gross domestic Product).
                                                                                                            With the fast and huge increase of the
                                                                                                            GDP in the last years (1991 to 2019:
                                                                                                            The GDP increased by 772%) we ex-
                                                                                                            pect to see India surpassing USA in
                                                                                                            2050. Linked with Technology, the mil-
                                                                                                            itary growth and defense budget is now
            Nevertheless, the future of India is out         The estimation from WBD (World Bank            in the process of placing India among
        of the forecasts. The low participation of  Data) is that 69% of the jobs are threatened            the top of the world.
        the woman in the market (23%, almost  by new technologies, new software: they                           Another important factor of the
        the lowest rate in the world) and the high  can do “the human job and optimize the                  power of India is its culture and tour-
        rate of unemployment are a challenge. The  services”.                                               ism: Bollywood is now the largest film
        overpopulation is a real challenge, if not           With the current issues of the borders:        industry in the World. It is not well
        well managed it can be double-edge blade  wars and conflicts with Pakistan and China,               known yet in USA/Europe, but it at-
        and increase poverty, food unsecure, unem- many major problems will still need to be                tracts a lot in Africa.
        ployment.                                        overcome.


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