All the essentials about the Indian economy you need to know for competitive exams.
The Indian economy economy of India is a developing mixed economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). In FY 2015 and 2018 India's economy became the world's fastest growing major economy, surpassing China. India y ranks 139th in per capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of 2018.[34][35] After 1991 economic liberalisation, India has achieved 6-7% average GDP growth annually.
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