Will lack of wealth hit India's GDP growth?


A country’s wealth is measured as the sum of nature’s gifts (energy and mineral resources, agricultural land, etc) and its people’s hard work (machinery, buildings, value of human skill, foreign assets, etc). For a country’s GDP to continue growing rapidly — as China’s has done over 30 years — total national wealth should be high, the World Bank says. India, however, comes across as poor in terms of both natural and created capital.

 

Source web page: Times of india

 

 


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