Slow economic growth is both immoral and anti-national. Don’t ignore falling GDP rate

Having convinced ourselves that the Narendra Modi government’s policies cannot be at fault, we are now debating whether the economic slowdown that began in 2017 is cyclical or structural. More than three million people emerge out of poverty for every percentage rise in GDP. The Indian economy will have to grow at over 10 per cent per annum every year to become a five-trillion-dollar economy by 2024. The RBI now projects a growth rate of 6.9 per cent for the next year.

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