Is India Making Most of It’s GDP Growth? with Prof. Arun Kumar
This episode with Prof. Arun Kumar is a look at the Indian economy beyond headlines and GDP numbers.
We discuss the paradox behind India’s growth story: when GDP rises, does it really reach the people? We explore how poverty in India has officially fallen from 27% to 5.3% in just over a decade, yet real wages have been shrinking, especially for rural workers. If fewer people are poor on paper, but incomes aren’t rising, what’s actually driving this improvement?
We talk about how the structure of India’s economy is changing, how wealth is concentrated, and the weakening of the public sector to…
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