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Economy

Why only a miracle can help India grow at 8% a year and become a $5-trillion economy by 2024-25

Updated : July 08, 2019 12:31 PM IST

Economic growth is a long-term phenomenon while a government has to seek a mandate every five years.
It is best not to mix up the long and the short.
Stable but reasonable growth rates over long periods work better than rapid growth rates over short periods.
Why only a miracle can help India grow at 8% a year and become a $5-trillion economy by 2024-25
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