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Published 11 years ago by powpow with 0 Comments
by powpow
11 years ago

World Bank: India Overtakes Japan as World's Third Largest Economy

In a sliver of good economic news during an Indian election that is widely focused on economic growth, the World Bank announced in a report on Tuesday that India overtook Japan as the world’s third largest economy in terms of purchasing power parity (PPP). According to the World Bank’s International Comparison Program (ICP) data, India holds a 6.4 percent share of global GDP on a PPP basis.

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