Tag: potential growth
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Why India’s Potential Growth Rate Has Been Up by the Economic Survey
Understanding the Economic Survey’s Message The Economic Survey of India, presented ahead of the budget, often serves as a barometer of where the economy could head if policy and macroeconomic conditions cooperate. In recent years, the Survey has highlighted a notable shift: India’s potential growth rate appears to have edged higher. This isn’t a claim…
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Why the Economic Survey Has Raised India’s Potential Growth Rate
What the Economic Survey Means by Potential Growth India’s Economic Survey has drawn attention to a higher potential growth rate, arguing that the economy could sustain faster expansion over the medium term if three key determinants are supported: capital stock, labor supply and quality, and total factor productivity. In plain terms, the survey is not…