By 2025, India will overtake Britain to become the fifth-largest economy in the world and will reach the third position by 2030. The Indian economy has slipped a notch to sixth place in 2020, affected by the Coronavirus epidemic. India moved up from Britain to fifth position in 2019.
The annual report of the UK's premier economic research institute, Sensor for Economic and Business Research (CEBR), said, "The impact of the Great Depression has been hampered on the way. As a result, India has lagged behind Britain this year after overtaking Britain in 2019. Britain will stay ahead till 2024 and after that India will overtake. '
It seems that due to the weakening of the rupee, Britain again rose above India in 2020. The report estimates that India's growth will be 9 percent in 2021 and 7 percent in 2022. The CEBR states that 'it is but natural that as India grows more economically, the country's growth rate will slow down and it will come down to 5.8 percent by 2035'.
According to this projected direction of economic growth, India will overtake Britain in 2025, Germany in 2027, and Japan in 2030 in terms of economy. The institute predicts that China will surpass the US in 2028 to become the world's largest economy. The institute has said that the pace of the Indian economy started slowing down before Covid 19. In 2019, the growth rate was 4.2 percent, a ten-year minimum growth.
PM Modi got emotional about Morbi accident, and said- I have rarely experienced such pain in my life
Prime Minister Narendra Modi attended the National Unity Day Parade at Kevadiya in Gujarat on Monday. During this, PM Modi expressed grief over the Morbi Bridge accident. While getting emotional, PM
Crypto Ban: Singapore said – a ban on cryptocurrencies is not practical, proposes to reduce risk
The Singapore Central Bank, the monetary authority of Singapore, has published a paper proposing regulatory measures to reduce the risk of loss to consumers from trading in cryptocurrencies. Noting
Gorakhpur's locked village: Saw such an orgy of death in the second wave that people left the village in the wake of the third wave, there are locks in the houses
With the increase in the number of corona cases in the country, the fear of the third wave is increasing, an example of this is Gaunar village of Gorakhpur district. This village of Chauri-Chaura area
IMD Alert: Heavy rain alert in Madhya Pradesh, Rajasthan, UP, Gujarat, know the latest weather conditions
Heavy rains are continuing in many states of the country. The Meteorological Department (IMD) issued an alert of heavy rainfall in some areas of Madhya Pradesh, UP, Rajasthan, and Gujarat on Monday.
Corona: Due to the epidemic, the power of six countries loomed, these world leaders took tough decisions and became stronger.
The global epidemic coronavirus continues to wreak havoc. So far, more than 13.9 million people have been affected by this epidemic. While more than 28.67 lakh people have lost their lives. On the
India's health structure crumbles in front of Corona crisis, media is raising questions
The second wave of Corona in India has made the condition of health services in other major cities including the capital Delhi miserable.
Sidhu Moosewala murder wires were also linked to Pakistan, and weapons were sent to the shooters from across the border
There has been a big disclosure in the Punjabi singer Sidhu Moosewala murder case. After Canada, the strings of this high-profile murder are now being linked to Pakistan as well. According to sources,
India breaks Pakistan's world record, and won 12th consecutive series against West Indies
The Indian team defeated West Indies by 119 runs in the last match of the three-match ODI series played in Trinidad. With this win, India cleaned up the West Indies in their home ODI series for the
Weather Update: Sudden change in the weather of Delhi-NCR, a sheet of dust spread in the sky
There was a sudden change in the weather on Tuesday morning amidst the scorching heat in Delhi-NCR. Dusty winds blew in many areas of Delhi NCR and a blanket of dust was visible across the sky.
UAE Blast News: Houthi insurgents blast at Abu Dhabi airport and nearby areas, killing three including two Indians
There has been news of a major attack on the United Arab Emirates (UAE). According to officials, three major explosions occurred on Monday at Abu Dhabi's international airport and its surrounding
