World Economic Forum 2023: India’s economy is fast emerging and it will be the fastest growing country among large economy countries in the next 10 to 20 years. Growth in its economy will be better than other countries. This is to say of Martin Wolf, economist commentator of the Financial Times. On Thursday, Martin Wolf said that according to the way I have assessed India’s economy, it will be the fastest growing country among countries with large economies.
In a session at the World Economic Forum in Davos, Martin Wolf said that he has been watching India’s economy since the 70s. During this, we have seen the Indian economy changing. He said that the growth of India’s economy has been very good. He said that India’s economy will emerge rapidly in 10 to 20 years and the coming year will be more important for India.
Fierce praise of India’s economy
Martin Wolf said that India is going to be very good for business in the coming times. Martin Wolf has praised India’s economy at the World Economic Forum. Let us tell you that the World Economic Forum 2023 has been organized in Davos, Switzerland. This is the 53rd annual meeting of five days.
World Bank had increased GDP growth estimate
In December 2022, due to India’s strong economy, the World Bank had increased the GDP growth forecast for the financial year 2022-23 from 6.5 percent to 6.9 percent. According to the latest update of the World Bank, the real GDP growth rate for the financial year 2021-22 is going to be 6.9 percent in the financial year 2022-23 as compared to 8.7 percent.
People from all over the world join the World Economic Forum
More than 2,700 leaders from 130 countries have participated in this meeting at the World Economic Forum. On the other hand, Mansukh Mandaviya, Ashwini Vaishnav, Smriti Irani and RK Singh have joined the Union ministers from India. Apart from this, many businessmen are also associated with it. The World Economic Forum is an international organization working for public-private cooperation. All the big politicians and stalwarts from the world join on this platform.
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