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Can India Become a Developed Economy and Catch Up with China? Three Scenarios

India cannot afford lost decades, like the one it is presently experiencing with trend growth falling sharply. This will not only push it further behind China, but it might also age before it grows rich. This would scuttle its geopolitical ambitions and lock it into a middle-income trap.
Republic Of United States Sharon Drummond Flickr Pm Economic Advisory Council Central Statistics Office World Bank
Source: thewire.in

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