STILL A LONG HAUL

The global economy may be slowing but the Indian growth story appears intact. Indeed, India is now the fastest growing major economy in the world, overtaking China. A closer look, however, reveals a mixed bag. India still lags behind other large economies on some crucial macroeconomic indicators

Graphic by: AJAY THAKURI Research by: Niti Kiran

India’s savings rate is impressive Inflation appears to be under control Investment too is relatively robust India fares poorly on living standards The government debt is high, though it's better than some It also lags behind on providing employment to its burgeoning population…

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Business Today (Digital) - 1 Issue, February 28, 2016

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