Tuesday, March 04, 2025 | 10:41 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

3 things that make India's path to becoming fifth largest economy harder

The outcome of a general election due by May is a potential pitfall for a nation already battered by emerging market turmoil and a currency rout last year

GDP growth
Premium

GDP growth

Vrishti Beniwal , Anirban Nag & Bibhudatta Pradhan | Bloomberg
India’s economy grew at a faster pace than most major nations in 2018, and this year, it’s poised to overtake the UK to become the world’s fifth-biggest.

But that journey won’t be smooth. The outcome of a general election due by May is a potential pitfall for a nation already battered by emerging market turmoil and a currency rout last year. Also, any attempts by the government to undermine the central bank’s freedom and raid its surplus capital may spook investors and carry damaging consequences for the economy.

Here are the key themes to watch for in 2019:

Global Slowdown

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in