S&P Global On India: By the financial year 2030-31, India’s economy will almost double to $ 6.7 trillion, which is currently $ 3.4 trillion. Rating agency S & P Global has said these things in its report released on the Indian economy. The rating agency said that from the financial year 2023-24 to 2030-31, India’s economy will grow at the rate of 6.7 percent annually.
S & P Global said that by the financial year 2031-32, India’s per capita income will be $ 4500, which is currently around $ 2500. The report said that the participation of women in the workforce is very important to accelerate growth in the future. In the financial year 2021-22, the participation of women in the total workforce is only 24 percent. According to the report, India’s services export is going to prove to be the biggest engine of economic development of the country. S & P Global has said in its report that the expenditure on financial services will increase from $ 280 billion at present to $ 670 billion.