The rate of growth was higher than the Modi government’s forecast of 7.6 percent. Modi is running on his economic record over the past 10 years, a period of robust growth for India. It also experienced the largest percentage growth in GDP over the decade compared to other major economies. Despite the euphoria surrounding the growth figures, economists say there are enormous challenges facing the Indian economy in the next decade. Rising mercury levels in India risks reversing progress on poverty alleviation, health and economic growth, experts say.

Source: Egypt Independent June 02, 2024 13:16 UTC