India becomes 4th largest economy.

[arunima25]

India is a developing country in Asia. It has its own sets of problems like any other country would have. But one can not deny or overlook the way India Haa made progress with it's Economy in the last decade. It surpassed UK to become the fifth largest Economy in the world recently. And yesterday, IMF declared that India is the 4th largest economy at 4 trillion dollars. It has surpassed Japan. India has a huge population and that comes with it's own set of problems. But then the youth population becomes the strongest asset too. One can't ignore the strong political leadership in the last decade. Here is the link to read the news in detail.

https://www.livemint.com/economy/india-surpasses-japan-to-become-4th-largest-economy-at-4-trillion-to-overtake-germany-soon-niti-aayog-ceo-11748145853542.html

 

[magnus2022]

India is an ancient country with a lot advancement in spiritualism, philosophy and farming. In this present economic, india is moving progressively into advanced in science and technology. Kudos! to India.

 

[Min George]

India is deservingly in the top 5 biggest economies. They have been on the forefront of technology too

 

[King Belieal]

The challenge with all of these rankings is that it doesn't translate to reducing the rate of poverty in India as it is.

 

[eLdavis]

That's a good one, i do hope this would help in terms of creating more employments and the likes as well.

 

[Kross]

I just hope that India would one day overtake China as the dominant country in the Asian continent.

 

[Trush Jodie]

I have always admired the genuine moves of the Indian government to make the country better despite the population challenges.

 

[bestwriter]

India is a developing country in Asia. It has its own sets of problems like any other country would have. But one can not deny or overlook the way India Haa made progress with it's Economy in the last decade. It surpassed UK to become the fifth largest Economy in the world recently. And yesterday, IMF declared that India is the 4th largest economy at 4 trillion dollars. It has surpassed Japan. India has a huge population and that comes with it's own set of problems. But then the youth population becomes the strongest asset too. One can't ignore the strong political leadership in the last decade. Here is the link to read the news in detail.

https://www.livemint.com/economy/india-surpasses-japan-to-become-4th-largest-economy-at-4-trillion-to-overtake-germany-soon-niti-aayog-ceo-11748145853542.html

It should percolate down to the poorest of the poor and it does not . Most money is held by may be just 10 set ups. The economy unfortunatley is calculated on the total but not how it is distributed.

 

[Augusta]

Yeah I have always known this and I think it is a good one. Provided it is for the good of the country and others

 

[arunima25]

It should percolate down to the poorest of the poor and it does not . Most money is held by may be just 10 set ups. The economy unfortunatley is calculated on the total but not how it is distributed.

Hmm...you got a good point and that can't be denied. I wish that it was done. But what seems promising in the last one decade is that things have improved a lot on these grounds too, though far from the ideal. But it's still a long to go. Our poverty has reduced noticably. And schemes have reached well to deserving ones. We are on right direction and that's promising.