{"id":1778,"date":"2019-06-21T04:48:42","date_gmt":"2019-06-21T04:48:42","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=1778"},"modified":"2019-06-21T04:48:43","modified_gmt":"2019-06-21T04:48:43","slug":"india-lost-its-spot-as-the-worlds-fastest-growing-economy-to-china","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/india-lost-its-spot-as-the-worlds-fastest-growing-economy-to-china\/","title":{"rendered":"India lost its spot as the worlds fastest growing economy to China"},"content":{"rendered":"\n

India lost the world’s fastest-growing\neconomy title to China. <\/strong>
\nIn the January-March quarter<\/strong>, India\nregistered 6.3%\nwhereas <\/strong>China recorded a growth of 6.4% in the March Quarter.  <\/strong>
\nIndia had been ahead of China for two years.<\/strong>
\nThe country’s economic growth<\/strong> rate\nof India slowed to 5.8% during the fourth quarter of 2018-19 due\nto low agriculture and mining output along with subdued consumer demand.  <\/strong>
\nIndia’s economic growth driven by domestic\nconsumption.
\nAccording to the government data, India’s economy<\/strong> has\ngrown at its slowest\npace in almost five years.<\/strong>
\nIndian economy grew by 6.8%<\/strong> in the last\nfinancial year, with the GDP growing at 5.8% from the quarter of January-March.
\nThe unemployment in the country reached a\n45-year-high in the financial year 2017-2018.

About\nChina<\/strong>
Capital<\/strong>: Beijing
Currency<\/strong>: Renminbi 
Vice\nPresident<\/strong>: Wang Qishan\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"

India lost the world’s fastest-growing economy title to China.  In the January-March quarter, India registered 6.3% whereas China recorded a growth of 6.4% in the March Quarter.   India had been ahead of China for two years. The country’s economic growth rate of India slowed to 5.8% during the fourth quarter of 2018-19 due to low agriculture and mining output along with subdued consumer demand.   India’s economic […]<\/p>\n","protected":false},"author":13,"featured_media":1779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[],"class_list":["post-1778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=1778"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1778\/revisions"}],"predecessor-version":[{"id":1780,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/1778\/revisions\/1780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/1779"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=1778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=1778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=1778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}