India Economic Growth to Surpass China in 2015-16 UN Says
The mid-year update of the UN World Economic Situation and Prospects (WESP)
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India Economic Growth |
United Nation- India’s economic growth is projected to China’s economic growth with the 7.7 per cent GDP growth in India In the year 2016 .
Whereas China’s GDP growth is projected 6.8 per cent in the year 2016.
This prediction has been mentioned in the mid-year update of the UN World Economic Situation and Prospects (WESP) announced today.
The region's GDP is projected to grow by 6.7 per cent in 2015 and 6.9 per cent in 2016, up from an estimated 6.3 per cent in 2014--a significant revision of the previous forecast.
"This revision mostly reflects a higher growth trajectory in India," it said.
This UN report may help Indian government to promote it’s Make In India project.