With economic liberalization, we have moved away significantly from the “Hindu rate of growth” which had stagnated around 3.5% during 1950–80. According to Dun & Bradstreet report titled “India 2020”, India is poised to become a $ 5.6 trillion economy by the year 2020.
The report adds that Maharashtra, Gujarat and Andhra Pradesh will be amongst the most developed states in the country by 2020 and would, together, contribute 32 per cent of the overall GDP.