India’s share in the global economy
According to the World Bank Group, India’s GDP (in current US$, 2015) is US$ 2.095 trillion vis-a-vis the World GDP (in current US$, 2015) of US$ 74 trillion. Thus India’s share in the global economy is about 2.83%. For the above calculation, the World Bank Group has used the GDP at purchaser”s prices, which is the sum of gross value added by all resident producers in the economy plus any Read More…
