India's GDP growth lead over China might end this year: Unctad

After scoring higher for two yrs, Unctad report pegs India's rate at 6.7% in 2017, down from 7% in 2016

After racing past China for two years, India's Gross Domestic Product (GDP) growth in 2017 is expected to return to the same level as its northern neighbour at 6.7 per cent, according to a United Nations body.

A report published on Thursday by the UN Conference on Trade and Development (Unctad) forecasts 6.7 per cent growth in 2017, a four-year low, down from seven per cent last year.

The agency calculates GDP growth at constant 2005 prices, in dollars. By its calculations, we had lower growth of 6.3 per cent in 2013. China's GDP growth rate had fallen consistently for six years