India's Economic Growth Is Unequitable
India’s Economic Growth is Unequitable India accounts for a substantial portion of global poverty, with the UN’s Global Multidimensional Poverty Index indicating that around 234 million people live in poverty in India, making it the country with the highest number of poor individuals globally. India’s GDP grew by 8.2% in the fiscal year 2024 (FY24), marking a significant increase from 7.0% in FY23. This positions India as the fastest-growing major economy globally. For the fiscal year 2025 (FY25), India’s GDP is expected to grow between 6.5% and 7.2%, according to various economic forecasts from agencies like Fitch, ADB, and the IMF. ...