How growth stories of India and China stack up3 min read . Updated: 17 Jan 2023, 12:59 PM IST
China’s great strength, and India’s weakness over the past 15 years or so, has been investment.
New Delhi: Come Union budget day on 1 February, a central point of analysis would be if it’s enabling economic growth adequately. That question is framed by the short-term challenge of a slowing global economy. It’s also framed by the long-term context of how India can grow at a healthy clip for decades, and lift millions to new income levels. In this journey, it is natural to look at China, which did that beginning 1980 at a scale that India needs to. But look closer, and there are differences in those two narratives.
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