
India as the world's fourth largest economy: What the numbers tell us
In Focus by The Hindu
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Beyond GDP: Understanding India's Economic Landscape
This chapter delves into the limitations of GDP as a metric for economic progress, especially in the context of India becoming the world's fourth largest economy. It highlights the stark inequalities and challenges faced by the nation, emphasizing the importance of GDP per capita and other factors for a holistic view of societal well-being. Additionally, it compares India's economic status with China and addresses the pressing need for improvements in healthcare and education to uplift the living conditions of its citizens.
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