The statist model for the economy followed for the first 40 years after independence did not deliver the desired results. A large and inclusive process of scenario-building in 2000 examined India’s economy holistically. The question that hundreds of diverse citizens explored together was: Is there a third, and better, way for India’s growth? By then, though India had enjoyed many years of high GDP growth, concerns about inclusion and environmental sustainability had grown. This is the story of India’s economy.

Source: Mint January 23, 2020 16:18 UTC