India GDP Growth Rate Surpasses China for Third Year

India has recorded GDP growth exceeding China for the third consecutive year.

India GDP Growth Rate Surpasses China for Third Year

Summary

India has recorded GDP growth exceeding China for the third consecutive year.

Balanced Perspective

Strong growth but per capita income gaps with China remain substantial.

Optimistic View

India rise as a global powerhouse is lifting hundreds of millions out of poverty.

Critical View

Rapid growth is exacerbating inequality and environmental degradation.

Source

Originally reported by The Economist