The EMF claims that their report is unique due to three reasons, 1) unlike the majority of studies on India, this report is not a vertical look at a single subject, it looks broadly across interconnected issues , 2) the report takes a 30 year view of the policy debate and 3) the focus is on providing a projection of what could be, not what will be.

10% growth dependent on four factors

To hit its target the report suggests that India must increase year-on-year growth to near 10% over the period of a generation. For this to happen there must be regional peace and open and free economies. Economic stagnation must be avoided and the implications of growth on resource and the environment must be managed.

Change in role of government

A key theme is governance; the report concludes that India has grown despite government and not due to it. An important shift must take place, where government is not the decision maker and implementor but a facilitator and regulator that ensures open competition and business friendly market conditions.

The seven inter-generational issues

To realize its potential, seven inter-generational issues are identified that need immediate attention:

• 1. Tackle disparities and achieve inclusive growth.

• 2. Dramatically improve the quality of the environment.

• 3. Eliminate infrastructure bottlenecks, and create a competitive edge.

• 4. Improve the delivery of public services, in the process creating functioning cities for sustaining growth.

• 5. Renew the focus on education, technological development and innovation.

• 6. Launch a revolution in energy and ensure security and competitiveness.

• 7. Foster a prosperous South Asia and become a responsible global citizen.

To read the complete report, "2039: An affluent society in one generation", click here.