"Our country is fast becoming a great economic power. In terms of purchasing power parity (PPP), we are the third largest economy in the world. The growth rate that our country enjoys is second only to China among the major economies. In six out of the last nine years, we managed a growth rate in excess of eight per cent," Mukherjee said here while addressing the convocation ceremony of the Dev Sanskriti Vishwa Vidyalaya here.
"Though the growth rate had slightly contracted since 2010-11 in the face of global economic meltdown, India has been able to withstand the crisis and has shown a remarkable resilience. It is the growth of education in India that is one of the key factors responsible for India