There was no mention of when India would reach 5 trillion. It could be in... 2045?
Here's the problem. 10%, or 11%, or whatever sounds really nice for the Indian economy. But the Indian economy lost so much ground that this growth is actually only making up for the lost amount, and not a growth on pre-crisis levels.
One way to think about it is this. You have $100. You lose 50% and you're now at $50. Then you report a 70% growth - miraculous indeed - but you're still below $100. That's because your base has shrunk so much initially that the 70% growth still puts you below where you started.
And that's where India is. 11% sounds nice - but they're still worse off than previously.
Also the whole we're going to reach 5 trillion is a feel-good lie. Obviously India is going to hit 5 trillion one day (I sure hope!). But they didn't include the forecasted date because they don't know when they will hit 5 trillion now. And they still have targets like overtaking Japan and hitting 10 trillion...
