India will become world's largest economy if it follows right principles, predicts Jeffrey Sachs
New Delhi, Nov. 3 -- India will become the world's largest economy in the coming decades if it continues to invest in education, infrastructure and climate safety, renowned economist Professor Jeffrey D. Sachs said, expressing confidence in the country's long-term growth prospects.
In an interaction, Sachs said India's share of global economic output currently stood at around 8-9 per cent and would continue to rise over the coming decades, provided the country follows sound economic and development principles.
"India's share of the world output will continue to rise now for decades to come. India will become the world's largest economy if it follows the correct principles of making sure that all young people have a good education, there...
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