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India's growth story

Poonam Gupta's picture

The World Bank is releasing its biannual flagship publication, the India Development Update. It takes stock of the Indian economy and assesses what it will take India to move to a higher growth trajectory.

The Update describes the state of the Indian economy, shares its perspective on the Indian growth experience and trajectory over the past two and a half decades, and analyses the near-term outlook for growth, the global economic outlook and its impact on the Indian economy.



The Update, to be formally launched on March 14, features a historic analysis of India’s economic performance in order to assess what it will take India to return to growth rates of 8 percent and higher on a sustained basis.

In addition, it analyses India’s export performance and, through a comparative analysis, offers a global perspective on India’s GST system.

Stay tuned for this comprehensive review of the India economy.

Comments

Submitted by Dr Mahesh Chander on

Looking forward for this comprehensive review of the India economy.

Submitted by K Jude Sekar on

Thanks for this information. Eagerly awaiting this report. Does it not talk of the likely impact that would have on climate?

Submitted by Mayraj Fahim on

India won't be able to have high growth that benefits the people because it has missed the bus-aging population in western markets and rise of automation. India's basic education is of dismal quality. It's jobless youth are already becoming inspired by the wrong ideas as a book has revealed.

See:

The underbelly of Dreamers not just gives us a peek into toxic masculinity and anger, but also uncovers the appeal of religion, specifically Hinduism, to these men. What does it offer them in a way of appeasing anger or giving them something to move forward? According to Poonam, it offers them a basic sense of identity, honour, and masculinity. "When I spoke to these young men, they were not speaking about religion per se because I knew more about religion than they did and they didn't connect with any texts, they didn't have the most basic understanding of what they were fighting for, starting with cows," she says. And most of the angry men just ended up being Hindu. "I was looking for anger in general, but what I found was that the minorities — young Muslim and Dalit men — were busier looking ahead in terms of opportunities, whereas the Hindu men were looking at the past, at what they had lost, and wanted to restore the old order. Religion had very little meaning in their lives…"

http://www.firstpost.com/ living/north-indias-angry- young-men-snigdha-poonam- examines-a-generations- anxieties-in-her-new-book- dreamers-4357647.html

North India's angry young men: Snigdha Poonam examines a generation's anxieties in her new book, Dreamers

Can get worse:

https://www.nextbigfuture.com/ 2018/03/hundreds-of-millions- of-uneducated-and-unemployed- indians-could-turn-to- violence.html

Hundreds of millions of uneducated and unemployed Indians could turn to violence

Keep in mind lead poisoning has link to violence in males;and an expert has called India the "world capital of lead poisoning". South America and Caribbean have high urban violence and also lead poisoning.

Submitted by Mayraj Fahim on

I would recommend "A Village Diary of a Heretic Banker" by Moin Qazi. You may want to hire him as he has decades of experience in the weakening rural sector of India.
India is urbaniziing, with outmoded city structures unable to cope with the associated pressures, because of growing rural weaknesses.

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