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India Expected To Overtake Britain, Become World's 5th Largest Economy In 2019: Jaitley

India Expected To Overtake Britain, Become World's 5th Largest Economy In 2019: Jaitley

This year, in terms of size, we have overtaken France. Next year we are likely to overtake Britain, said Jaitley

Union Finance Minister Arun Jaitley PTI Photo

Indian economy is expected to surpass the British one next year, to become the world's fifth largest economy, Finance Minister Arun Jaitley said on Thursday.

 

"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)," Jaitley said in New Delhi.

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.

PTI

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