The country’s speed disappeared in the last quarter of the fiscal year of the nomination. The tag of the world’s fastest escape economy was hidden in a tremor. In terms of speed, China has given a growth of 6.1 per cent of India during January-March 2017 by increasing 6.9 per cent.
The growth rate of the last quarter of that fiscal (January-March 2017) has been expanded by the decision of the notation on 8th November 2016 as per the GDP data from the Central Government. Where the government expected that the GDP of the country in this fiscal year would be successful in registering growth above 7 per cent, water has been expected. The country has once again become shumar in countries with moderately dull GDP growth.
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The fact that the GDP figures of January-March 2017 of the China government are showing a growth of 6.9 per cent. It is a big challenge for India because these figures are clear signs that China is once again going to penetrate into the round of a sharp escape economy. Both China and India have executed large economic reforms for the past few years to face great challenges in both economies.
According to the GDP data, the country’s economic speed has once again reached the quarter level of December 2014 when the GDP speed was 6.0 per cent.
