Is it True that india will overtake the world or 2nd biggest economy in 2020 ?

Yup!! India is poised to take over the world and regain the prime position it held throughout most of human history! India will be the second largest economy in 2020 and in 2040, it will be the largest economy on this planet we call earth!

No, no one has come to predict India,but China in 2016.Both IMF and the world bank cannot figure it out how India will deal with the poor.

is it true that the buck is decreasing in value to the euro not rupee, and that we are slowly losing standards trying to please everyone.

It will if all Indians join hands and fight against corruption

India has potential but there are so many things preventing them that it's hard to say. And compared to places like Canada and the US India is 50 years behind.

If you are updated to the current events at all, then you must be aware that The UN has recently released a report which clearly says that India's poverty will decrease to 22% till 2015. As many as 320 million people living under extreme state of poverty will come out of it. So, you can see, things are finding it's way. If by 2020, we may not become the second largest economy, we will surely find a place amongst the world's biggest economies, I hope!

overtake the universe soon.---------->ummmmm interesting statement there are still 9 years to go---->until 2020 ,india becoming the 2nd biggest within 2020 ------>i don't think so certianly not the 2nd spot [2nd biggest] -----but one among 7 biggest economies good luck