TURNING THE TABLES

AS INDIA OVERTAKES BRITAIN ON THE ECONOMIC FRONT, IT IS TIME TO LOOK BACK AT THE OPPRESSIVE MEASURES UNDERTAKEN BY THE FORMER COLONIAL MASTER WHO USED LOOT AND MASS MURDERS OF NATIVES TO ROB BHARAT OF ITS WEALTH

- SANDEEP SINGH

Few days back, India became the 5thlargest economy in the world. But the talking point was another incidental point in the process.

Bloomberg News reported: “On an adjusted basis and using the dollar exchange rate on the last day of the relevant quarter, the size of the Indian economy in nominal cash terms in the quarter through March was $854.7 billion. On the same basis, UK was $816 billion”. Calculations were done using the International Monetary Fund (IMF) database and historic exchange rates on its terminal.

OVERTAKING BRITAIN A LAUDABLE FEAT

As per a report prepared by State Bank of India (SBI), India had surpassed the UK to become the fifth-largest economy in the world as early as December 2021. But the news of September 2022 sounded more pleasant to the ears because it was not only about taking over Britain but also that it happened in the 75th year of India’s Independence from Britain.

Those who have still not understood the impact of this incidental point should look at the headline in the Chinese mouthpiece Global Times, which said: “GT Voice: India’s leap over UK economy a bitter lesson for London” (September 4, 2022). The report said: “For a long time, there have been no short of Indian media reports accusing the UK of pointing a finger at India's foreign policy and domestic issues with a kind of colonial arrogance. Now as a former British colony, India's leap over the UK in economic size could be seen as a development of historical significance, as well as a blow to those who are still addicted to the memories and colonial dreams of past glory.”