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2024-06-02 07:58:34

India's Rising Debt, Deepening Destitution, and Widening Inequalities Under Modi's Government on Nostr: India's Economy: Challenges Persist Under Modi's Government Despite Claims of Growth ...

India's Economy: Challenges Persist Under Modi's Government Despite Claims of Growth
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#5bcbeb06 ver:0.11

Despite claims of economic growth, India's economy faces challenges under Modi's government. The top 1% owns 40% of the wealth, while the bottom 50% owns only 6%. High unemployment, poverty, and rising economic distress persist. To win over voters, Modi offers $400 billion in welfare subsidies. GDP growth may fall short, putting pressure on spending. India's economy faces challenges like high inequality, low household savings, sluggish consumer market, and falling farm incomes. Despite these challenges, BJP is expected to win a third term. India's economy grew over 8% in FY18, but challenges remain, including job creation and climate change impact. The next government must address these issues proactively. #IndiaEconomy #ModiGovernment #EconomicChallenges...

#newstr #India #Gdp #EconomicGrowth #NarendraModi #ClimateChange

https://here.news/story/5bcbeb06?ver=0.11
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