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​Good news for Nrendra Modi on economic front.

Wednesday - May 9, 2018 5:01 pm , Category : WTN SPECIAL

India is the sixth largest economy in the world: IMF
MAY 09(WTN) - Good news has come for the Modi government on the economy front. The International Monetary Fund (IMF) has said that in 2018 Indian economy will grow by 7.4 percent and by 2019 it will reach 7.8 percent. The IMF also said that the Indian economy in Asia will be the fastest growing economy in 2018. In the Asia & Pacific Regional Economic Outlook report, the IMF has expressed confidence in the Indian economy. It has been said in the report that India is emerging from the demonetization and GST and CPI will be under control in the mid-term. It may be slightly lesser than the Reserve Bank of India's target of 4 per cent.

Bangladesh will be the second largest economy after India in South Asia. 
According to the report, Bangladesh will be the second largest economy after India in the South Asia. It will grow at a rate of 7% in 2018 and 2019. Pakistan has not been included in this report. Pakistan has been placed in the Middle East list.

The Indian economy has grown to $ 2.6 trillion.
The International Monetary Fund (IMF) had appreciated India few days ago. India has now become the sixth largest economy in the world in IMF ranking. In this case, India has left France behind. The IMF said in its report that the Indian economy has grown to $ 2.6 trillion, which is more than the French economy. According to the report, France was in sixth place, now India has captured sixth place. China's economy is ahead of India. Top 5 economies are America, China, Japan, Germany and Britain.
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