India's Economy Rank:
India has now overtaken UK to become the 5th largest economy in the world.
We have come fifth in this list, leaving behind Britain whose India was once a slave.
At present, India is the largest economy in the world after the US, China, Japan and Germany.
In the last 10 years, the Indian economy has traveled from the 11th position to the fifth position.
At present, our growth rate has been in double digits even amidst fears of recession around the world.
The Indian economy grew at a rate of 13.5 per cent during the first quarter of the current financial year.
During the last 10 years, many reforms were implemented in the business world, which encouraged foreign investment.
If we look at the figures of India's GDP in the last 10 years, it has increased well except in the Corona period.
According to the data, India's real GDP is estimated to be Rs 36.85 lakh crore in the first quarter of the current financial year.
The GDP growth rate of any financial year tells whether the country's economy grew or slowed in that year.
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