India can overtake Japan to become world’s third-largest economy by 2050


The Indian economy may climb from fifth to third spot in the list of the world’s largest economies over the next three decades, according to a recent study published in the medical journal Lancet.
The research, conducted earlier this year, is based on changes to the size of the working-age population in the world’s largest countries, which is then translated into scenarios for total gross domestic product (GDP). According to Lancet projections, India will have the largest working-age population prior to 2030, which will continue growing to reach peak levels before 2050. Despite a projected decline later on, India will still have more working-age adults than any country in the world by the end of the century.