India will be 5th largest economy in 2019
05, Jun 2019
Prelims level :
Mains level :
- India is forecast to become the world’s fifth largest economy in 2019, reaching a total GDP size exceeding $3 trillion, and overtaking its former colonial ruler, the United Kingdom.
- By 2025, Indian GDP is also forecast to surpass Japan, which will make India the second-largest economy in the Asia-Pacific region.