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World 6th Largest Economy
December 29 , 2020
1430 days
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- It was an annual report published by the Centre for Economics and Business Research (CEBR).
- India is expected to become the world’s 5th largest economy by 2025.
- India is to again overtake the United Kingdom.
- India had overtaken the United Kingdom in 2019 to become the 5th largest economy.
- But India was pushed back to sixth place in 2020.
- The rate of India’s GDP growth fell to a more than the ten-year low of 4.2 per cent in 2019, down from 6.1 per cent in 2018.
- India is predicted to become the third-largest economy by 2030.
- China will overtake the US by 2028 to become the world's biggest economy.
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