Saturday, 7 December 2019

India overtakes its ‘Coloniser’

Updated: December 29, 2016 4:17 pm

For the first time in over 100 hundred years, India’s economy has overtaken that of Great Britain after Pound drops. Thanks to India’s rapid economic growth over the past 25 years this became possible. The nearly 20 per cent decline in the value of the pound driven by Brexit is one of the main factors that accelerated India’s position. Going by the estimated GDP growth in both the countries, India is likely to stay ahead of its former colonial ruler, United Kingdom, atleast till 2020.

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