INDIA TO SURPASS CHINA BY 2050
Surpassing china india will become the worls's largest economy by 2050. China will overtake US to become the world's largest economy by 2020,which in turn will be overtaken by India in 2050-according to wealth report 2012 by knight frank&City bank. as per the report indian economy willreach $85.97 trillion.The US currently the world's largest ecoomy is expected to have a GDP of $39.9 trillion by 2050. In terms of the growth from 2010-2050 ,India would be thesecond fastest with its economy growing at the rate of 8%during the period.With a pace of 8.5%,Nigeria would be the fastest economy during the same period.In 2010 India was world's fourth largest economy,valued at $3.92 trillion and US $14.12 trillion.