IS INDIA SURPASSING CHINA? - A STUDY ON GDP

Abstract

 “IS INDIA SURPASSING CHINA?” A STUDY ON GDP to study the GDP at the current US dollar, GDP growth, GDP per capita, and the inflation rate of India and China from 2000 to 2024 by employing descriptive statistical tools (mean, standard deviation, regression, etc.)GDP value India stood at second position and theChinaoccupied first place during the study period. GDP per capita, India stood at second positionagainst the China. The GDP growth rate and average growth rate of GDP of India stood at second place when compared to the China. The inflation of India stands at second position from low to high when compared to the China. It is hardly required to retain an adjustable balance between inflation and GDP withaccelerated fiscal and monetary policy to achieve targeted GDP in the future by boosting of AI powered manufacturing, Healthcare,Agriculture, Telecom, E-Commerce and other allied industries of GDP constituents,The main conclusions of this study highlight  significantly boost in productivity, expand employment possibilities, and drive GDP in rapidly to occupy the India as a second largest economy after America.At present (2024) India stands at 5th largest economy in the world (GDP in US TrillionDollars as followsAmerica 27.7   China, 18.74, Germany 4.56, Japan 4.2 and India 3.91 as per world bank data 2024)