Economic TimesLean R·
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit Bharat
India's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the lack of private corporate investment, hindering job creation and income growth. Foreign investment is also facing challenges. Experts believe improved execution and innovation are crucial for India's long-term economic success and to avoid the middle-income trap.
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