India’s Prosperity Problem: Why High GDP Growth is Failing to Lift Mass Incomes
Economic growth is frequently championed as the ultimate remedy for poverty, acting as a tide that naturally lifts all boats within a developing nation. However, India's current economic trajectory is challenging this conventional wisdom, giving rise to what structural analysts define as a "prosperity problem." The fundamental issue is that headline GDP growth is no longer translating into inclusive prosperity , a condition where citizens earn enough to afford basic necessities independently without state support.
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