India now the world's sixth largest economy.

[Aupmanyav]

India has overtaken France to become world's sixth largest economy with some 2.6 trillion USD. And by the end of the year may become the fifth. The difference between UK GDP and Indian GDP (nominal) is very small. Overtaking Germany at 3.6 trillion USD is going to take some time. BY GDP (PPP) we are a clear third. We have a healthy growth rate of 7.5%.

 

[sayak83]

India has overtaken France to become world's sixth largest economy with some 2.6 trillion USD. And by the end of the year may become the fifth. The difference between UK GDP and Indian GDP (nominal) is very small. Overtaking Germany at 3.6 trillion USD is going to take some time. BY GDP (PPP) we are a clear third. We have a healthy growth rate of 7.5%.

Should this not be in Politics or Asia Pacific section?

 

[Kirran]

***Thread Moved to Asia-Pacific Politics per Staff Consensus***​

 

[Nakosis]

India has overtaken France to become world's sixth largest economy with some 2.6 trillion USD. And by the end of the year may become the fifth. The difference between UK GDP and Indian GDP (nominal) is very small. Overtaking Germany at 3.6 trillion USD is going to take some time. BY GDP (PPP) we are a clear third. We have a healthy growth rate of 7.5%.

What do you think India is doing right to cause such growth?

 

[Epic Beard Man]

India has overtaken France to become world's sixth largest economy with some 2.6 trillion USD. And by the end of the year may become the fifth. The difference between UK GDP and Indian GDP (nominal) is very small. Overtaking Germany at 3.6 trillion USD is going to take some time. BY GDP (PPP) we are a clear third. We have a healthy growth rate of 7.5%.

I predict India will still be behind California as expensive as it is out here

 

[Aupmanyav]

What do you think India is doing right to cause such growth?

Business friendly policies of the recent governments and local entrepreneurship. India is young. Our growth rate has been at or near the top for quite some years now. There have been major economic reforms.

I predict India will still be behind California as expensive as it is out here

Yes, we have to keep the prices under control. Per capita income in India is dismally low.

 

[Vinayaka]

When people talk of economic growth, I like to look at the Gini coefficient ... India fares reasonably well.

https://en.wikipedia.org/wiki/Gini_coefficient

 

[GoodbyeDave]

Then why can't all this wealth go to providing decent living conditions? Why do half the propulation have no sanitation?
https://www.bbc.com/news/world-asia-india-17377895