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What are the factors that influence India's GDP growth? Explain the key challenges in sustaining high economic growth.

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Category: Economy (GS -III),

Test Date: 08 Jan 2025

Approach

  • Introduction: Brief about India's GDP growth
  • Factors Influencing GDP Growth: Industrial Growth; Services Sector (especially IT, finance, and trade); Private Consumption; Investment; Government Expenditure; External Factors (Global trade, geopolitical events, and foreign investment)
  • Key Challenges in Sustaining High Growth: Industrial Slowdown; Investment Climate; Inflation and Supply Shocks; Labor Market Issues; Structural Reforms; External Shocks
  • Wrap up your answer

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