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Middle-income trap biggest threat to growth: Niti CEO

By Economic Times - 2 months ago
India aims to become the third-largest economy by 2026-27, but must avoid the middle-income trap, says Niti Aayog CEO BVR Subrahmanyam. He emphasizes the need for a cohesive strategy, including openness to free trade and significant tariff cuts. Urban development and climate technology leadership are also crucial for sustained growth.

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