India In 2024

India in 2024

In the research report given by Center of economics and business research (CEBR), it has stated that growth of India cannot be obstructed by anyone. India will push back Britain, which is one of the common wealth countries in 2018 and it is also expected to stand after leading nations America and China in the year 2024.

Britain

Britain which is the country with tremendous growth in its economic status has acquired 5th place by overcoming France and is also expected to beat Germany in the year 2030.

Germany

Due to the depreciation of euro value and decrease in population rate, growth of Germany has slided back. This is the first time in the history since 1954 that Britain has pushed back Germany in economic status.

Heavy Competition

Fierce competition prevails now between the leading nations Britain and France. Only minimum variation exists between the Gross domestic product of both Countries in which GDP of Britain is $ 2,828 billion and that of France is $ 2,827 billion.

Top 10

Based on the study conducted by global agency of CEBR, United States tend to stand top among other countries in its economic status. And it is followed by the other nations such as China, Japan, Germany, Britain, France, Brazis, Italy, India and Russia.

How will be the Economic status in 2030?

In the year 2030, United states is expected to be dominated by China according to the global economy forecast. And Countries such as United States, India, Japan, Brazil, Britain, Germany, South Korea, France and Russia will follow China respectively.

The Olympic movement claims to be a global movement and so has to come to south Asia sooner or later. Maybe 10 years ago I would have said no, but I think now mounting a bid for 2024 would be a distinct step in the right direction.

Brazil will host the 2016 Olympic Games, followed by Tokyo in 2020. Rome, Boston and Hamburg have already declared themselves as candidates to hold the 2024 Olympics. Bids are also possible from Nairobi, Casablanca, Doha, Bangkok, Paris and St Petersburg. The winner will be announced in September 2017.

International Olympic Committee President Thomas Bach expressed "surprise" at media reports that India may bid for 2024 Olympics saying that it's too early for India to host Games.

"We were aware of the speculation (about India's possible bid for 2024 Games). We were a bit surprised about this speculation because we thought it may be too quick for India to host a successful Olympic Games. I am happy that India has come out of suspension last year but the IOA has to find its feet," Bach said.

"For now India needs to build its athletes, find unity among themselves so that you can field a strong team at the Rio Olympics,After holding talks with Prime Minister Narendra Modi amid growing expectations that India may make its first bid to host the Olympic Games, Bach said doors are always open for India.

 

 

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Source : articlesbase.com