India can become 5th largest economy next year: Arun Jaitley
Buoyed by recent World Bank figures, Union Finance Minister Arun Jaitley has said India is likely to become the fifth largest economy next year, surpassing Great Britain, if the country continues its projected growth trajectory.
The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for the next year. Image source: Reuters