India is the 5th largest economy in the world, leaving Britain behind: Modi Government

New delhi date. 18 February 2020 Tuesday

India has become the fifth largest economy country in the world. India is ahead of Britain and France in 2019, with a $ 2.94 trillion economy. Prime Minister Narendra Modi is aiming to create a $ 5 trillion economy in India within the next five years.

In its report, the American Investigation Agency, World Population Review, said that due to its policy of becoming self-reliant, India is now developing as an open market economy.

According to the report, India has become the fifth largest economy country in the world with USD 2.94 lakh crore in terms of GDP. In this case he overtook Britain and France in 2019.

Britain's economy is $ 2.83 trillion while France's is $ 2.7 trillion. India's GDP, based on PPP, is $ 10.51 trillion, ahead of Japan and Germany.

However, due to overpopulation in India, per capita GDP is $ 2170. The US GDP per capita is $ 62.794. The report also said that India's real GDP growth may remain weak for the third consecutive month and remain around 5%.