facts about indian economy
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The economy of India is characterised as a developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the IMF, on a per capita income basis, India ranked 139th by GDP and 118th by GDP in 2018.
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India's overall exports from April 2020 to August 2020 are estimated at US$ 182.13 billion, (a 19.32% decrease over the same period last year). Overall imports from April 2020 to August 2020 are estimated at US$ 167.94 billion, (a 38% decrease over the same period last year).
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