Achi news desk-
TMG (symbolic image)
– Photo: pixabay
expansion
When the country becomes a developed India by 2047, there will be 8 countries whose economy will be worth a trillion dollars each. Based on the value of today’s rupee, the economy of each country would be 83 lakh crore rupees. Rating agency India Rating and Research said on Monday that Maharashtra will be the first among 28 states to reach the $1 trillion club. After that will be Karnataka and Gujarat. These three states will achieve this target by fiscal year 2039. The agency said, Uttar Pradesh, a large state in terms of population, will have a trillion dollar economy by fiscal year 2042. However, not all states will fail to meet their targets. For example, Maharashtra has set a target of reaching $1 trillion by fiscal year 2028, but it will have to wait another 11 years after that.
UP and Tamil Nadu will have to wait
According to the agency, Uttar Pradesh and Tamil Nadu have set a goal of reaching the trillion dollar club by 2030. But based on their growth rate and future projections, in such a situation these countries will only be able to achieve the goal by 2042. This means they will have to wait about 12 years. Karnataka has set a target for 2032 but its economy will only be able to join the aforementioned club in 2042.
