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Goldilocks Economy or Illusion of Balanced Growth

Syllabus: GS Paper – 3 Planning, Inclusive Growth, Mobilization of Resources Why in the News? India’s Finance Ministry recently described the economy as being in a “Goldilocks situation” — marked by moderate growth, subdued inflation, and supportive monetary conditions. However, stagnant real wages, volatile food inflation, and rising inequality raise concerns about whether this balance …

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