OPINIONINCLUSIVE GROWTH AND STRUCTURAL TRANSFORMATION
It Is the Quality of Growth, Not Its Speed, That Keeps India in the Lower-Middle Bracket
India remains a lower-middle-income country 19 years after entering that group, even as Vietnam, the Philippines and Sri Lanka moved up in the World Bank's latest classification. An Indian Express column argues that the problem lies in the quality of India's growth: workers are not moving into productive, formal jobs.
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