India faces significant challenges in its quest to become a global superpower by 2050

independent.co.uk

India aims to become a global superpower by 2050, alongside the US and China. However, it faces significant challenges, including slow economic growth and rising income inequality. Recent GDP growth was only 5.4%, below expectations, raising concerns about the economy's momentum. Despite surpassing the UK as the fifth-largest economy, India remains classified as a lower-middle-income country. The income gap has widened, with a report indicating that income distribution was more equitable during British colonial rule than today. The government has not prioritized addressing this inequality. On the geopolitical front, India has strengthened its global presence, notably through its G20 leadership. However, it still needs to enhance its capacity to deliver on international commitments and improve its military capabilities to solidify its status as a superpower.


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India faces significant challenges in its quest to become a global superpower by 2050 | News Minimalist