For the first time in 150 years, India has surpassed the United Kingdom in terms of the size of the economy – a legacy of Brexit and India's rapid economic growth.
A report in Forbes magazine suggested the paradigm shift has been because of the fall in the value of the pound in the past year, and India's consistent growth in the last 25 years.
According to the estimated growth in GDP in both the countries, India will likely stay ahead of its erstwhile coloniser till at least 2020.
Earlier this February, India had surpassed China and became the fastest-growing economy in the world.
Rejoicing in this achievement, Kiren Rijiju, Union Minister of State for Home Affairs tweeted:
In a follow up tweet he wrote:
(With inputs from Times of India, Hindustan Times)
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