Opinion | There’s a Gandhian third way for an inclusive economy4 min read 23 Jan 2020, 09:56 PM IST
The growth models followed by India since independence haven’t really delivered what they were expected to, and we have seen disparities worsen despite rapid GDP growth
India’s gross domestic product (GDP) growth has slumped, consumption has reduced for the first time in 40 years, and the economy seems adrift, though the government is trying to assure investors and citizens that this will soon pass. The credibility of its assurances is very low when it asks them not to trust data on growth, consumption and employment produced by national agencies. Who would have faith in a pilot who tells passengers not to worry when there is a storm raging and all his navigational instruments seem to have failed?
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