Indian can leave behind Britain in the list of the richest economy in the world and this is imaginable can happen in 2019. According to PWC (global consultancy company), this presumption has been done.
PWC anticipates global economic watch report in which they take note about the global economy and also they release their fresh hypothesis on the prime economy of the world.
According to the report of PWC, Britain, and France alternate their rank on the list because of having the same growth rate and the same population and if India goes ahead in the list then India will not come behind.
World bank has published a data in 2017 in which India has left France behind in the list and soon India is about to leave Britain.
Currently, Britain is 5th on the list. In a report of PWC global watch report, there is a presumption that Britain will have only 1.6% of the GDP growth rate and France will manage to get the GDP growth rate of 17% and India will have amazingly 7.6% of GDP growth rate.
The report also says, India and France both will leave Britain behind in the list and that will bring Britain to 7th in the list.
India is currently the fastest flourishing economy, If no strong obstacle comes to India then India will recapitulate growing with remarkably 7.6 GDP growth rate in 2019-2020.
The senior economist of PWC, Mike Jackman said: India’s economy is booming because of the large population, people with young age and also because of low GDP per capita.