Recently, it was reported that India overtook the United Kingdom to become the fifth largest economy in the world. The IMF projections placed India in the fifth position after the US, China, Japan and Germany. The premise of India overtaking the UK was based on the calculations of Bloomberg, which had used the IMF database for its study. Should India rejoice at this milestone, or should we exercise caution and not be complacent?
Montek Singh Ahluwalia
Former Deputy Chairman, Planning Commission of India
Dr Charan Singh
CEO, EGROW Foundation
Human Development Economist
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