​Chapter 5: Medium-Term Outlook - Deregulation Drives Growth

  • Indian economy is in the middle of a change that represents an unprecedented economic challenge and opportunity. Geo-Economic Fragmentation (GEF) is replacing globalization leading to imminent economic realignments and readjustments.
  • To realize the vision of Viksit Bharat by 2047 India will need to achieve a growth rate of around 8 per cent at constant prices, on average, for about a decade or two.
  • The Medium-term growth outlook for India must consider the new global realities - GEF, China's manufacturing prowess, and dependency of efforts for energy transition on China.
  • India to focus on systematic deregulation to reinvigorate the domestic levers of growth and ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.

Related Content