According to World Bank's latest edition of Global Economic Prospects, India has ranked fourth among world's fastest growing economies. India is expected to accelerate to 7.2 per cent in fiscal 2017 (April 1, 2017 - March 31, 2018) and 7.5 per cent in the following fiscal year. India has been placed behind smaller economies of Estonia, Uzbekistan, and Nepal in growth rate.China shows a clear sign of slowdown and ranks at number 16 in terms of GDP growth rate.
By Lokesh RV | Jul 18, 2017 4:53 PM #India #Economy
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