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How India's economy grows at a faster pace than China



China's economy may become more attentive, but India is playing its neighbor in economic growth. In fact, India came in as the world's fastest growing major economy in 2018, according to the IMF. India's Prime Minister faces criticism for lack of job creation, and the workforce remains largely in the informal sector. This year, India is in the midst of an important choice. In addition to recent tensions with Pakistan, the economy is a key campaign issue.

Indian voters decide their next prime minister, and a key issue that could float the electorate is how much Prime Minister Narendra Modi has done with the country's economy. [19659002] India's economy is the fastest growing major economy in the world. The United Nations expects India's current population of $ 1

.3 billion. Continuing to grow and surpass China by 2024.

However, the country faces a few obstacles.

A few years ago, Prime Minister Modi promised to add 10 million jobs to help boost the economy.

It's not really happened. Unemployment is now at a 45-year high. And GDP per capita Resident, which is a measure of wealth across a country, lies behind rivals like China with a wide margin.

Can India continue to grow at such a fast pace? And if it does, at what price?
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How India's economy grows at a faster pace than China's


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