INSUBCONTINENT EXCLUSIVE:
India's gross domestic product (GDP) was valued at $2.597 trillion at the end of 2017.New Delhi: Union Minister Arun Jaitley today exuded
confidence that India will pip Great Britain to become the fifth largest economy in the world next year if economic expansion continues at
However, rising international crude oil prices and the global trade war would throw up challenges going forward, he said
"If we keep growing at the rate which is being projected, it is likely that next year we will be the fifth largest economy ahead of Great
Britain," Jaitley said in a Facebook post titled 'The Congress Gave Slogans to Rural India - Prime Minister Modi Gave Resources'."This is in
consonance with the rest of the narrative
latest World Bank report has said that the Indian economy has become world's sixth-biggest economy, pushing France to seventh place
The US tops the list followed by China, Japan, Germany and Britain
The new calculations were arrived on the basis of Indian economy's performance in 2017
India's gross domestic product (GDP) was valued at $2.597 trillion at the end of 2017 overtaking the French economy, which was amounted at
preferred investment destination
Today we stand to be tested in the midst of a global challenge thrown up on account of the international crude oil prices and the trade
The Indian economy is estimated to grow at 7-7.5 per cent in the current fiscal, higher than 6.7 per cent growth clocked in 2017-18
Obviously, on account of disparity in the size of the population, there would be a very significant difference in the per capita of the two
first right on resources and if this, along with increased expenditure, continues for the next decade the impact on India's rural poor
would be significant, he said."This benefits all - irrespective of religion, caste or community
The Congress provided India's poor with slogan
Prime Minister Modi has given them resources
1980s followed the model of "populist slogans" rather than "sound policy and actual expenditure for the welfare of the poor"
misguided approach was that the lives of the poor did not move up significantly
"On the contrary, the present Prime Minister is a man of many words and many more actions
since the present government took over, it has been working to translate the advantages of faster growth to rural India as well as to bring
a significant section of people into the neo-middle class and bring people out of poverty.
