India expected to surpass Britain to become world's 5th largest economy next year: Arun Jaitley
6 years, 4 months ago

India expected to surpass Britain to become world's 5th largest economy next year: Arun Jaitley

India TV News  

India's economy is on course of becoming the fifth largest in the world surpassing Britain, Finance Minister Arun Jaitley said on Thursday. Other economies in the world is growing at much lesser rate, he said, adding that India has the potential to be among top three economies of the world in the next 10-20 years. In 2017, India became the sixth largest economy with a Gross Domestic Product of USD 2.59 trillion, relegating France to the seventh position. The US is the world's largest economy with a size of USD 19.39 trillion, followed by China at the second place.

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