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Welfare Schemes and Redistribution

High Economic Growth in India Has Not Translated into Proportional Reduction in Economic Disparities

Introduction Since the economic liberalisation of 1991, India has emerged as one of the fastest-growing major economies in the world. Market-oriented reforms, integration with the global economy, expansion of the services sector, and technological advancements have enabled India to sustain high GDP growth for extended periods. However, this impressive macroeconomic performance has not been accompanied…

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