India’s Path to Developed Economy Status: Avoiding the Middle-Income Trap | Arvind Panagariya
New Delhi – India is poised to become the world’s third-largest economy by the end of 2026, potentially surpassing predictions, according to economist Arvind Panagariya. The projection, based on a sustained average growth rate of 10.2% in current dollar terms over the past two decades, suggests India’s GDP could reach $5 trillion in 2026 and … Read more