Former Reserve Bank of India Governor, C Rangarajan, praised India's achievement of becoming the world's fifth-largest economy but emphasized the need for the country to accelerate its economic growth to improve per capita income. He highlighted that India's per capita income rank was 142 out of 197 countries in 2020 and stressed the importance of sustained growth of at least 7% to address this.
from Banking/Finance-Industry-Economic Times https://ift.tt/SXVrjsM
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