Would be redundant to repeat, but gormint has given up on growth. With elections next year, rent seeking will peak in the informal economy.
At best we'll do 6-7% for next few years. 8-10% and mega boom like 2000s or dotcom is not going to repeat.
At best we'll do 6-7% for next few years. 8-10% and mega boom like 2000s or dotcom is not going to repeat.
Its not that India had some particularly sound policies then, just that we piggybacked off the Chinese growth and low rates in US.
In absence of global tailwinds favouring growth, its entirely on gormint policy, which will always prioritize elections to growth.
In absence of global tailwinds favouring growth, its entirely on gormint policy, which will always prioritize elections to growth.
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