India’s average growth rate will be marginally higher than that of China’s between 2013 and 2030, according to a study by Japan International Cooperation Agency (JICA).
The report estimated that India’s average GDP growth would be around 6% against China’s 5.9% during this period. The average growth of six south Asian countries — Bangladesh, Bhutan, India, Myanmar, Nepal and Thailand — except China — will be around 5.4% with Myanmar leading the list. These are the findings of JICA’s survey on infrastructure development for regional connectivity in and around south Asia.
Projecting Delhi as the centre of economic activity in the entire region, the survey has projected per capita income of the city will be around $13,432 in 2030 against Thailand’s $10,564. In 2011-12, the per capita income of Delhi was $3624 and Thailand ($5,480). Per capita income of India is expected to increase from $1,489 in 2011-12 to $3.275 in 2030, the survey added.
JICA has projected high economic growth in the entire region, while pushing for the need to expedite the inter-regional connectivity. According to its estimate, economic growth of the region will touch 157% by 2030.
The report estimated that India’s average GDP growth would be around 6% against China’s 5.9% during this period. The average growth of six south Asian countries — Bangladesh, Bhutan, India, Myanmar, Nepal and Thailand — except China — will be around 5.4% with Myanmar leading the list. These are the findings of JICA’s survey on infrastructure development for regional connectivity in and around south Asia.
Projecting Delhi as the centre of economic activity in the entire region, the survey has projected per capita income of the city will be around $13,432 in 2030 against Thailand’s $10,564. In 2011-12, the per capita income of Delhi was $3624 and Thailand ($5,480). Per capita income of India is expected to increase from $1,489 in 2011-12 to $3.275 in 2030, the survey added.
JICA has projected high economic growth in the entire region, while pushing for the need to expedite the inter-regional connectivity. According to its estimate, economic growth of the region will touch 157% by 2030.
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