The continuing story of the Elephant and the Dragon
February 13, 2015 14:47
So is India on track for catching up China's economic growth? While India's newly-released growth rates, which were newly revised as well, have led some to chorus that India is well on track for what has long been a cherished dream in the country, there are others who have cried a halt to such talk.
Even if the forecasted economic growth looks impressive, they say, to reach China's record of over eight pc growth over 30 years is a steep challenge, and India has to do much more to get there.