Can India become a $20 Trillion Economy? | Deep Dive with Neelkanth Mishra

In this episode, Mukesh Bansal (Founder Myntra and Cult.Fit) is in conversation with Neelkanth Mishra, Chief Economist - Axis Bank and Head of Global Research - Axis Capital. In this compelling podcast episode, Neelkanth Mishra returns for an insightful economic exploration of India's future. We delve into the intricacies of India's economic landscape, focusing on the pivotal metric of growth - Gross Domestic Product (GDP). The episode explores pressing questions, envisioning India's future amidst the forecasted India Century. From the calculation of GDP by the Central Statistics Office to the diverse economic dynamics among states, the discussion provides a nuanced understanding. Neelkanth sheds light on the challenges of economic growth in a democratic setup, advocating for India's capacity to make tough decisions for sustainable development. Join the conversation as they unravel the intricacies shaping India's economic trajectory.Chapters: 00:00:00 - 00:00:53 Coming up!00:00:53 - 00:01:06 Opening theme00:01:06 - 00:02:54 Themes to be explored in this series00:02:54 - 00:09:46  The dynamics of GDP: Unveiling its origins, evolution, and calculative framework00:09:46 - 00:19:40 Understanding how GDP is measured in India00:19:40 -  00:25:51 Aiming for prosperity: Realistic economic goals and understanding GDP growth00:25:51 - 00:31:37 Analysing how China achieved accelerated growth in GDP 00:31:37 - 00:39:42 How can India increase the chances of accelerating the country’s economic growth?00:39:42 - 00:54:51 What achievable economic growth rate can India realistically aim for, over what timeframe, and how?00:54:51 -  01:05:01 Neelkanth breaks down what India’s economic market will look like in the future01:05:01 - 01:15:52 Diversity's impact: State-wise GDP and India's overall economic landscape01:15:52 - 01:29:07 What are the potential sources and amounts of capital expenditure available to India?01:29:07 - 01:34:55 Neelkanth predicts potential risks, drawbacks, and factors that may hinder India's future GDP growth01:34:55 - 01:36:09 Concluding today’s episode and talking about what’s to come in the next episodeResources: 1. GDP of Indian States and Union Territories: https://www.forbesindia.com/article/e... 2. More on China's Financial Repression: https://www.researchgate.net/publicat...3. Will this be India's Century? https://www.nytimes.com/interactive/2...4. More on India's 20 Trillion Economy Goal: https://www.deccanherald.com/business...5. How is the GDP of India calculated? https://www.investopedia.com/articles...6. Foxconn in India: https://www.thehindubusinessline.com/...7. More on the Xi Jinping Thought: https://www.aljazeera.com/economy/202...About SparX by Mukesh BansalSparX is a podcast where we delve into cutting-edge scientific research, stories from impact-makers and tools for unlocking the secrets to human potential and growth. We believe that entrepreneurship, fitness and t...