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In a 36-minute interview to Karan Thapar for The Wire, Dr. Subramanian, who is presently a Senior Fellow at Brown University, began by saying, that “popular assumptions about a booming economy … (are) inaccurate”. He points out that India’s rise “faltered after the 2008 global financial crisis and stalled completely after 2018”. More pertinently, “India’s annual growth rate over the past three years has been just 2.5%”. This is way short of India’s 7% potential.
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