Highlights

  • PM Modi commented on India becoming 5th largest economy
  • PM Modi said the rise is special as India overtook colonial rulers
  • In terms of GDP per capita, India trails UK with a considerable gap

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PM Modi pokes fun at UK as India becomes 5th largest economy: 'Those who ruled us for 250 years...'

PM Modi said that this rise in rank was special as the British had ruled India for 250 years, and were now being left behind economically by India.

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    Prime Minister Narendra Modi poked fun at the United Kingdom after India overtook UK to become the world's fifth-largest economy.

    PM Modi said that this rise in rank was special as the British had ruled India for 250 years. He added that the rise in India's economic ranking has come soon after the 'Har Ghar Tiranga' campaign for 15 August 2022 when India completed 75 years of freedom.

    The Indian economy is now behind only the United States of America, China, Japan, and Germany.

    However, India has a long way to go in translating this economic rise to benefits for the entire population. Given India's large population, the country a long way behind UK in terms of GDP per capita. While India's per capita GDP is $2,500, UK's per capita GDP is $47,000.

    Also watch: New UK PM: Liz Truss defeats Rishi Sunak for top job; hails Boris Johnson, announces tax cut plan

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