
India as the world's fourth largest economy: What the numbers tell us
In Focus by The Hindu
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India's Growth Challenge: Economic and Labor Market Dynamics
This chapter explores the economic hurdles India faces in achieving an 8% GDP growth rate necessary for its transition to a developed nation by 2047. It examines the pressing need for labor market reforms, job creation, and educational improvements amidst a rapidly changing demographic landscape. The discussion also highlights the importance of balancing resource utilization with sustainability and innovation to ensure long-term economic stability.
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