India’s economy powered ahead in the March quarter to secure its lead as the world’s fastest growing economy.
It posted year-on-year GDP growth of 7.9 percent, which was ahead of China’s 6.7 percent growth during the same period.
The strong results will give Prime Minister Nahendra Modi something to talk about when he travels to the U.S. next week to meet with the heads of top U.S. companies.
For more about India’s economic reforms and areas for improvement, CCTV America’s Michelle Makori spoke to Ravi Ramamurti, professor and director for the Center for Emerging Markets at Northeastern University.
He promised an “economic revolution”. But for India’s Prime Minister Narendra Modi, the question remains, can he deliver? A recent report by the World Economic Forum placed India near the bottom of a list of 112 nations for inclusive growth. It’s a problem Narendra Modi …