Temporary economic disruptions caused by demonetisation and the
GST are over and India can grow at 7.5% in the next two years, but for the
country to join the join the ranks of middle-income countries, it needs an
8% plus GDP growth for 30 years. This could be quite challenging as the
historic trend show that even as India’s economic growth has been stable and
resilient, the 8% growth lasted only one to two years, and corrected
sharply...
