India to be the base to the economic pole of global growth

India to be base to economic pole of global growth Harvard study

Question- According to research published by which of the following universities, India will be the base to the economic pole of global growth in coming decade?
(a) Oxford
(b) Harvard
(c) Cambridge
(d) Stanford
Ans: (b)
Related facts:-

  • According to a research by the Center for International Development (CID) at Harvard University, in the coming decade India will be the base of economic pole of global growth ahead of China.
  • The study also warns of slowdown in global growth in the coming decade.
  • However the economies of India and Uganda are expected to grow at the rate of 7.7 percent till 2025.
  • The report notes that India has made inroads in diversifying its export base to include more complex sectors, such as chemicals, vehicles, and certain electronics.

Related Links:-
http://www.thehindu.com/news/international/india-to-be-base-to-economic-pole-of-global-growth-harvard-study/article19221220.ece
http://www.ndtv.com/india-news/india-surpasses-china-becomes-new-global-economic-growth-pole-harvard-study-1722454
http://www.businesstoday.in/current/economy-politics/indian-economy-global-economic-growth-surpasses-china/story/256140.html