Will India get old before it gets rich?

To get to China’s current per capita income, India’s income will have to rise by 8.8% every year for 10 years and to reach US’s current level of income, India's per capita income needs to grow by 23% year-on-year for 10 years — an impossibility.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2Utk2qL