India is Future Global Economic GiantLast year, for the first time in 150 years, India surpassed UK in terms of GDP and became the world’s sixth largest economy. Recently, Niti Aayog confirmed that the GDP of India while growing at the pace of 8 annually, will rise by 332 Lakh Crore in the next 15 years. And it is indeed confirmed by the US Department of Agriculture USDA that India will surpass nations such as Germany, Japan and France and will become ‘global economic giant’ with 6.6 trillion economy.Government has long-term vision for turning around the country’s economy for which it is consistently trying to formulate policies to help upsurge productivity and foster growth. It replaced the country’s 50-year old traditional approach of five-year plan by an advanced, three-year action plan along with 7-year strategy and 15-year vision document for the country.In conjunction, Indian markets have outpaced almost all other markets in the world. Post-Demonetization the economic growth stumbled few points only, but improved as expected. Confidence among investors are visible and there is outright positivity in the reforms that are yet to come. In between RBI has been very cautious with the ongoing scenario and has helped stabilize the markets to a large extent. Interest rates were kept low to spur credit growth in the economy thereby reduce the debt burden of corporates.India by far has become one of the most open economies of the world. Most of the sectors are open for international investment. FDI in India hit the record high of 46.4 billion in the year 2016. Owing to higher infrastructure spending, continued reforms in fiscal and monetary policy and GST about to be launched, all seems well right now. The growth trajectory of India is all set to transform the history of economic performance of the country.Investors India’s May edition will open doors of surprises for our readers. Know tips to buy your own house by investing into mutual funds. Also, read our exclusive edition on fund rating and improve your fund portfolio. Good news is that we have added one new column “Enroute” for those who are frequent travelers, and enjoy knowing about different places to visit around the world. Celebrate Mother’s Day in a different way this year. Read our Lifestyle section and get aware with tips on how you can inculcate moral values in your child compassionately.