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Dec 16, 2019, 12.57 PM IST

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India’s worrying growth statistics and what they mean for the future

If the current issues are left unaddressed, the elongated slowdown can quickly convert into a premature "middle-income trap" where economies like Brazil, Thailand and Malaysia currently find themselves. It would be premature because India is still far behind the income levels that those countries managed to achieve during their high-growth years.

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