The Economy Is Running as it Is Supposed to
Moneylife News Bites

The Economy Is Running as it Is Supposed to

2024-11-06
The Indian economy has shown remarkable resilience with strong growth cycles, but there's more beneath the surface. We explore why the Indian economy, despite steady GDP growth and significant government spending, still struggles with private investment, unequal wealth distribution and a high debt burden among the middle class. Debashis Basu breaks down the current macroeconomic factors, the role of services exports, NRI remittances and the limitations holding back broader prosperity. Understand the...
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