US EditionIndia’s $15 Trillion PPP economy: NITI Aayog CEO’s insights on growth & challenges
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India’s $15 Trillion PPP economy: NITI Aayog CEO’s insights on growth & challenges
New Delhi: NITI Aayog Vice-Chairman Suman Bery on Thursday said that the size of the Indian economy in the purchasing power parity (PPP) terms is already USD 15 trillion, which is more than half the size of the US economy. The purchasing power parity (PPP) is the amount of currency units required to purchase a basket of goods and services that can be purchased with one unit of the reference economy’s currency. “There has been a lot in the newspa…
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