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INDIA’S GROWTH: MIRAGE OR MILESTONE?

INDIA’S GROWTH: MIRAGE OR MILESTONE? Syllabus: GS-3: Growth & Development Focus: India is reportedly poised to overtake Japan to become the world’s fourth-largest economy by nominal GDP, as per International Monetary Fund (IMF) projections. While this milestone garners national pride, concerns linger over the true economic competitiveness, per capita income of India, and sustainability of …