MENU X
India becomes the fastest growing economy and the 7th richest nation


Commencement of June month brings two great news for us. Our country has become the fastest growing economy of the world recording highest GDP among all the countries. In the IV quarter of F.Y. 2015-16, India’s GDP rate has jumped up to 7.9%.while it was 7.3% in III quarter.  This is the best increment in GDP in last 5 years.

As you can see in the graph, manufacturing and agriculture sector played a major part in increasing GDP. While 130% growth was shown in agriculture sector, manufacturing sector also showed a growth of 69%. This is a very good news for Modi Government as it has just completed two years of governance.

Another news comes from the wealth prospective. According to the report of New World Wealth, India is now placed at 7th position in the top 10 richest countries of the world.

Main driver behind India’s position in the list is its population. Still India’s per capita income is not very satisfactory although signs of improvement have been shown time and again.


You May Also Like

Every day the government releases some new updates post currency ban. Here are the latest 5. Keep yourself updated.

Artist Suvigya Sharma, who is famous for his Tanjore paintings, has recently done a portrait of the Sanjay Dutt family.

As kids, we all dream of what we want to become when we grow up. Some plan to be doctors while others plan to light up homes with their engineering skills. And then in the same world we have some kids, who dream of serving the nation when they grow up.

During summers, your body asks for extra care and attention so as to keep yourself protected against the harsh weather conditions. Here are a few tips that will help you lead a healthy life during summers.

The 8 day long 16 Film Festival started at Golcha Cinema, Jaipur this Sunday. On the first day of the festival, film producer Prakash Patel