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India likely to surpass China in global GDP share by 2060: Report
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India likely to surpass China in global GDP share by 2060: Report
New Delhi: India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, a report has said. The report from Paris School of Economics (PSE)-based World Inequality Lab (WIL) said that China's contribution to global GDP is likely to decline in the second half of the 21st century. China's share in world GDP currently around 20 per cent in PPP terms will remain large through the 2030s, but…
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