Transformation of Indian economy to achieve high growth with equity: issues and way forward

S. Mahendra Dev ()
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S. Mahendra Dev: ICFAI

Indian Economic Review, 2024, vol. 59, issue 1, No 5, 123-154

Abstract: Abstract In this paper, we examine issues and policies for transformation of Indian economy to achieve higher growth with equity in the next 2.5 decades as India aspires to be a developed country by 2047. We also highlight the structural challenges and opportunities for the Indian economy. The objective is to provide a broad assessment of the factors that need to be critically addressed for India to not only achieve and sustain a high rate of growth but also equity.

Keywords: Pandemic; K-Shaped recovery; Structural Transformation; Inequalities; Growth; Poverty (search for similar items in EconPapers)
JEL-codes: E2 E5 E6 G2 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s41775-023-00205-9

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