India has become the third largest economy in the world in purchasing power parity, overtaking Japan. With this distinction, India joins United States and China.
The purchase of power parity shows how much amount is required when it comes to purchasing of similar kinds of goods and services regarding 2 countries. Major achievements by India over its economic reform period are illustrated in the Table below:
Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Tele/Fax: +91-11-25821088, 25817157, 25722044