India likely to surpass Britain, become world’s 5th largest economy next year, says FM Arun Jaitley

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Published: August 30, 2018 12:28:26 PM

The Finance Minister said India has the potential to be among top three economies of the world in the next 10-20 years.

reserve bank of india, finance ministry india, indian banks capital, state bank of india, punjab national bank, andhra bank, allahabad bank, business news in hindiArun Jaitley said India is expected to surpass Britain next year to become world’s 5th largest economy.

Finance Minister Arun Jaitley today said India is expected to surpass Britain next year to become world’s fifth largest economy. “This year, in terms of size, we have overtaken France. Next year we are likely to overtake Britain. Therefore, we will be the fifth largest (economy),” he said here.

Other economies in the world is growing at much lesser rate, he said, adding that India has the potential to be among top three economies of the world in the next 10-20 years.

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