WHEN STATES PROSPER, SO DOES THE UNION

While parsing through growth projections, we need to look closer at a number of underlying factors. One of them is the heterogeneous growth among our states

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YEAR 2024 is important for India the country is headed for general elections. In the course of 2024-29, the term of the new government, India will cross the GDP threshold of $5 trillion and become the third largest economy in the world. Indeed, India will approach a GDP of $7 trillion. This year, being roughly half-way between 2000 and 2047, is a convenient point to take stock about the future trajectory.

By the time the new government's term ends, the world will also be approaching the deadline for the Sustainable Development Goals or SDGs. Most countries have slipped from those the targets, though India has slipped less than others. Growth is correlated with improvements in social sector indicators. In the medium term, what growth trajectory is India on? a) 5.5-6 percent; b) 6.5-7 percent; or c) 7.5-8 percent. The differences between a, b and c blow up exponentially.