Did India slip from World’s 5th economy to 164th? – Read the Fact Check

Amid the #GobackModi trend, a picture is going viral on social media. In the picture, it is written, “Achievement of last 6 years- 40 new billionaires, 120 million people lost their jobs. The country slipped from 5th economy to 164th rank. From 73 Rs/L, petrol went beyond 100 Rs./L. The cooking gas of 350 went near to Rs 900. In the midst of all this, one thing remained the same.” {English Translation}

4 times a day dress change, photoshoot, and jumlebaazi…!

Sharing the picture a user wrote in the caption, “Liars are the acid that eats at the foundations of public life and democracy… And yes, I am talking about Modi’s lies. #ModiGoBack.”

Fact Check

To know the reality of the claim, the DFRAC team did simple keyword research. We found that the numbers provided in the above pictures are misleading. In the picture, it was claimed that “The country slipped from 5th economy to 164th rank.”

 According to Wikipedia, India is still the world’s fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 128th by GDP (PPP).

Conclusion

The viral claim that India slipped from World’s 5^th economy to the 164^th is false.