India’s Growth Stalemate: Breaking Free From The Middle-income Trap

India's Growth Stalemate: Breaking Free From The Middle-income Trap

# Middle-income Trap

# Economic growth

Economic growth isn’t just a numerical target; it’s the lifeblood of a nation’s prosperity, writes the author India’s economic growth has been substantial but has fallen short of generating sustained high growth rates necessary to absorb its expanding workforce. This persistent growth gap is the root of the country’s employment crisis. The hope that the manufacturing sector would be a major job creator is diminishing as automation increasingly replaces human labour. *India’s Job Crisis: It’s Not About Numbers, It’s About Growth The prevailing narrative often emphasises job creation, yet the […]

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