Ex RBI Governor Raghuram Rajan Predicts 'India Would Remain Lower-Middle-Income Nation Until 2047'
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Former RBI governor Raghuram Rajan
Former RBI governor Raghuram Rajan predicted India would remain a lower-middle-income nation until 2047, even with 6% annual growth. He highlighted the lowest female labour force participation in the G20 and suggested India's current growth won't employ the entire workforce by 2047, leading to ageing out. Stay tuned to Mirror Now for more updates.
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