India needs 8-9% growth to become developed by 2047: Deloitte


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The CEO of Deloitte South Asia, Romal Shetty, has said that India must achieve a sustained growth rate of 8-9% for the next 20 years. This is necessary to become a developed nation by 2047, as envisioned by Prime Minister Narendra Modi. This growth rate is crucial for India to transition from a middle-income country to a developed economy. Shetty also noted that very few countries have managed to maintain such a growth rate.