The scholar began by saying that today we are going to talk about India in 2030, and we will see how India will develop in 2030, as well as its economy and other aspects, in addition to this big question, whether India will become a superpower in 2030.
First of all, from the aspect of education, for 30 years, the Indian education sector has been growing at a rapid pace, by 2011, the adult literacy rate in India reached 74%, it is estimated that in 2017, the literacy rate in India was over 80%, from 2021 to 2023, the adult literacy rate in India will be over 90%, and if this trend continues, by 2030, the literacy rate in India will be over 95%, which will be a desirable achievement.
Not only in India, with the increase in literacy rate, poverty is also decreasing, in 2011, there were 22% of poor people in India, they earned less than 2$ a day, in the last few years, this percentage is declining rapidly, the poverty rate in 2011 was 22%, and by 2018 it has dropped to 5%, in terms of population and poverty percentage in India, getting rid of poverty is a top priority! Work is progressing very quickly in this area, according to the International Monetary Fund, 44% of people are lifted out of poverty every minute, which is good, and we can trust the government.
This trend continues in 2020 and extreme poverty in India will drop to 3% so the question now is, are there no poor people in India? Only 3-4% left? The data we show you for the extreme poor is wrong, which means that we have extremely poor living conditions and it is difficult to eat 3 times a day, and this number is rapidly declining in India, which is a good habit.
The proportion of people living in poverty in India in 2021 will remain between 15-20%, not only in India, but in the whole world, maybe China, the United States, Europe, for example, we will talk about the United States, in 2012, there were about 15% of the poor in the United States, and in 2016 the official census of the United States indicated that 12.7% of the poor people were working on this all over the world, and India is rapidly working on it, in 2025, India's extreme poverty rate will be zero, and by 2030, the total poverty rate will be less than 10%.
Now let's talk about population, people think that India's population is growing very fast, but it's not, in 2016 India's population growth rate was 1.2%, so India is in 96th place, there are 95 countries where the population is growing faster than India's population growth, the proportion of India's population is declining, but very slowly, reaching 1% in 2021, India's population growth is declining and will remain at 1.5 billion by 2030. India's population will grow by only 0.6 percent, while other countries like China, which had a population of 1.4 billion in 2016, a population growth of 0.5 percent, and we can reach that number by 2030.
Now we are going to talk about the infrastructure in India, and in the last few years, the infrastructure work has progressed very rapidly, in 2012, an average of 13 km of roads were paved per day in the Indian states, and in 2018 there were 27 km of roads per day, and the government's goal is that 40 km more per day, and if this happens in 2030, the road infrastructure work will be done without the need to build new highways and high-speed railways, and the highways only need to be maintained, if the work on smart cities is going well, In 2030, there will be 20 megacities in India and more than 100 smart cities will be built!
Looking at digitalization again, in 2010, about 11% of the population in India used the Internet, and in eight years, the total number of Internet users grew from 11% to more than 40%, which is an extraordinary achievement, India is not only the second place among 4G users, the Internet is growing at this rate in 2021, more than 50% of the population will use it, and in 2025 it will be more than 60%, and by 2030, more than 75% of the population will use the Internet.
Now we will talk about the economy, first of all, we will see nominal GDP, India's nominal GDP in 2018 is 2.8 trillion US dollars, India ranks 6th, in 2019 India's GDP growth will exceed 7.5%, India's GDP will be close to 3.1 trillion US dollars, India will become the world's fifth largest economic power, and in 2025 or 2026 it will become the world's third largest economy in terms of nominal GDP! For this, India's GDP growth is very important, and if India's GDP growth rate exceeds 10% in 2030, it will be an economy of more than $12 trillion, and experts say that India can easily achieve this goal.
Now let's talk about the purchasing power evaluation, in 2010 India's purchasing power parity was $5 trillion, in 2018, this figure has reached $10 trillion, experts estimate that by 2025, India's purchasing power will reach an average of $20 trillion, and between 2030 and 2035, India will be about $35 trillion, and will become the world's second largest economy to challenge the United States
Let's take a look at what netizens from all over the world have to say!