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India, o tara bogata, dar saraca

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India is the 2nd most popular country in the world because of its largest population, Democracy, climate, language and culture. India came into existence in 1947.Nowadays India is growing too fast. According to new figures which are released by Indian authorities in 2015 put economic growth in the emerging power at 7.5%. I think this growth percentage is the highest percentage in the world. In 2014, this rate is about 6.9%.If we talk about the neighbor countries of India like China this growth rate is about 6.3% in 2016.India is suffering from a crisis from the last few years. So after few disappointing years now this country is once again began growing. Indians economy is the 10th biggest economy in the world and this economy forecast to reach at the third number in the world after the United States and China.Economy of India leads two significant questions that are Indian will rise which looked too hard or India will really back on track of crisis.? And if so, what will India eventual emergence as a major economic power in the world? The answers to both the question are many of the easy assumptions which are often made in the west. The first one is that India will rise is unlikely to be linear and uniform. In Economy point of view, India is very little else in the chaotic because immensely it is a varied nation of approximately 1.3 billion. All the growth calculations of India were made according to a new and generous formula. A year ago this is dismissed by an expert of emerging economics "Rushi Sharma", best-selling author and Banker. These personalities dismissed this formula as "a bad Joke". More recently also, other economists of India have been less scathing.GDP growth statistics is a Government organization in India which describes ground reality nobody claims on this organization. However, anyone who belongs to India or spends some time in India knows that this country still suffers from enormous problems. But still it would be wrong to dismiss the rise of India. Whatever the doubts, it is so difficult to deny the huge wealth generated in India over the past 25 years. I think it is likely India will grow too fast in the upcoming years will see more of the same.So what this Economic growth of India mean for the rest of the world. So far India has not yet converted its new found wealth into commensurate global clout. After the creation of this India to till now India has always punched below its weight on the international stage.One another reason is that India has been absent from the United Nation Security council and also neighborhood countries of India are quite tough. Former prime minister of India Manmohan Singh said in 2013 that despite the boom years India always remains a poor country. But great struggles of new prime minister of India Modi works and now India is in the list of developed countries of the world.Author: Abdul Waly – Pakistan

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