Before the global financial meltdown of 2008, India’s economy was thriving and its GDP growth was cruising at an impressive 8.8 per cent. The economic boom impacted a large section of Indians, even if unequally. With sustained high growth over an extended period, India could have achieved what economists call a ‘take-off’ (rapid and self-sustained GDP growth). The global financial meltdown disrupted this momentum in 2008.
Publisher.: | Penguin Random House India |
ISBN: | 9780670091836 |
Author.: | Puja Mehra |
Sub Category: | Politics |
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