GDP of India is 7.4%, compared to -4.8% of Britain...
GDP calculation method is Y = FCE + GCF+ (X − M) final consumption expenditure (FCE), gross capital formation (GCF), and net exports (X - M).
Surely India can lead the world, if it overcomes some of its problems.
See the real GDP growth rate of USA or the UK....
For the US it is -2.4% and that of UK is -4.8%
For India it is + 7.4%.
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