#Adani BTIndia@100: Dr. Arvind Panagariya On India's Path To Higher Per Capita Income By 2047

At the Adani_BTIndia@100 Summit, Dr. Arvind Panagariya discusses income inequality, the prospects for India's per capita income by 2047, assuming India reaches to $50 trillion economy mark, and the path to achieving it. Dr. Panagariya highlights the significant potential to boost India's per capita income, noting that it remains low currently. He points to several favorable factors, including India's geopolitical advantages, demographic strengths, and the economic challenges China faces. These elements suggest that India is poised for a prosperous future. He also expresses skepticism about the World Bank's comparison of India’s per capita income with that of the U.S. Despite these concerns, Dr. Panagariya remains optimistic about India's economic trajectory. Watch this insightful excerpt from the 3rd Edition of the Adani_BTIndia@100 Summit.