Narendra Modi Regime have completed its 4years in government and next year in 2019 they'll have to go for general election. Today they got a good news from world banks side.
After the slowdown of Indian economy due to demonetisation and implementation of GST after demonetisation. Now Indian economy have started showing good results.
In the recent announcement done by World Bank, Indian Indian economy surpassed the France economy and backed the position of number 6 in the ranking of world's largest economies in the world.
India's GDP was US $2.597 trillion in 2017 and France GDP was US $2.582 trillion.
Now only five economies rank above Indian economy and that is China,United States,Japan,United Kingdom and Germany With the GDP of US $12.237 trillion, US $19.390 trillion, US $4.872 trillion,US $2.622 trillion and US $3.677 trillion respectively.
Indian economy is expected to grow with the rate of 7.3 per cent in 2018 and 7.5 per cent in next two years, as per the world Bank report.
Centre for Economics and Buisness Research Consultancy Indian economy is expected to surpass Britain's economy and Japanese economy by 2032 to become world the largest economy.
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