Economic growth does not automatically equal equitable development. Kapila addresses several critical bottlenecks that India must overcome to sustain long-term growth.
Faced with a severe balance of payments crisis in 1991, India dismantled its restrictive framework. Led by the tenets of Liberalization, Privatization, and Globalization (LPG), the country opened up to foreign direct investment (FDI), reduced import tariffs, and deregulated domestic industries. This unlocked a trajectory of high GDP growth, frequently exceeding 7% to 8% in the decades that followed. Current Growth Trajectory (Post-Pandemic to 2026) and Globalization (LPG)
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Economic growth does not automatically equal equitable development. Kapila addresses several critical bottlenecks that India must overcome to sustain long-term growth.
Faced with a severe balance of payments crisis in 1991, India dismantled its restrictive framework. Led by the tenets of Liberalization, Privatization, and Globalization (LPG), the country opened up to foreign direct investment (FDI), reduced import tariffs, and deregulated domestic industries. This unlocked a trajectory of high GDP growth, frequently exceeding 7% to 8% in the decades that followed. Current Growth Trajectory (Post-Pandemic to 2026)
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