At current prices, India’s GDP is ranked above Australia ($1.55 trillion), Russia ($1.84 trillion), Canada ($2.08 trillion), France ($2.92 trillion) and the UK ($3.159 trillion). Currently, the US is the largest economy, with a GDP of $26.854 trillion, as per a tweet by Sitharaman.
India’s gross domestic product (GDP) growth is expected to touch 6 per cent in fiscal 2024 (FY24), compared with 7 per cent estimated by the National Statistics Office (NSO) for FY23, according to leading global analytics company Credit Rating Information Services of India Limited (CRISIL) Ltd. The country’s average GDP growth over the next five fiscals is estimated to be at 6.8 per cent.
Fibre2Fashion News Desk (DP)