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India Will Overtake China To Become World's Fastest-Growing Big Economy, World Bank Says

January 14, 2015: 12:00 AM EST
India is expected to become the world's fastest-growing, big economy, overtaking China, in the coming two years, according to the World Bank. Driven by the Indian government's implementation of changes in the country's economic policy, growth is forecast to accelerate further in the coming years, while most of the world economy slows down. China, which has held on to the position for years, has seen its economy cool down. In contrast, India is likely to post a 7 percent growth rate in 2017, outpacing China's 6.9 percent.
Eric Bellman, "World Bank: India to Become Fastest-Growing Big Economy", The Wall Street Journal, January 14, 2015, © Dow Jones & Company, Inc.
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