Economic growth in 2020 will be higher than in 2019 because structural reform will start paying off | The Indian Express

Economic growth in 2020 will be higher than in 2019 because structural reform will start paying off | The Indian Express

Economic growth in 2020 will be higher than in 2019 because structural reform will start paying off

DECEMBER 23, 2019 9:42:31 AM

Why is the GDP of 1.3 billion Indians less than 126 million Japanese, 83 million Germans and 40 million people in California? Why is India’s GDP today 20 per cent of China’s when they were equal in 1991? Why did the world’s largest democracy — created on the infertile soil of the world’s most hierarchical society — not create the world’s largest economy?