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India’s Growth Paradox: Fiscal Space Crisis

India’s Growth Paradox and Shrinking Fiscal Policy Space Syllabus: GS-3: Fiscal Policy, Government Policies & Interventions, Monetary Policy, Mobilization of Resources, Inclusive Growth Why in the News? The First Advance Estimates of GDP (January 2026) show India growing at 7.4% in real terms, but nominal GDP growth slowing to 8%, the lowest since 2002–03. This …

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