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Title:
India – A Race Against Time

Authors:
Noyonika Nag

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Noyonika Nag
St. Joseph's University

MLA 8
Nag, Noyonika. "India – A Race Against Time." Int. j. of Social Science and Economic Research, vol. 9, no. 12, Dec. 2024, pp. 5757-5775, doi.org/10.46609/IJSSER.2024.v09i12.009. Accessed Dec. 2024.
APA 6
Nag, N. (2024, December). India – A Race Against Time. Int. j. of Social Science and Economic Research, 9(12), 5757-5775. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i12.009
Chicago
Nag, Noyonika. "India – A Race Against Time." Int. j. of Social Science and Economic Research 9, no. 12 (December 2024), 5757-5775. Accessed December, 2024. https://doi.org/10.46609/IJSSER.2024.v09i12.009.

References

[1] . World Bank. (2024). "Export of Goods and Services (% of GDP)."
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[3] . World Bank. (2024). "World Development Indicators."
[4] . World Bank. (2024). "National Accounts Statistics."
[5] . World Bank. (2024). "World Economic Outlook."
[6] . International Labour Organization. (2023). "ILO Modelled Estimates of Employment."
[7] . International Labour Organization. (2023). "Employment Trends and Labor Force Participation."
[8] . Ministry of Finance, Government of India. (2023). "Economic Survey 2022-23."
[9] . Ministry of Finance, Government of India. (2024). "Economic Survey 2023-24."
[10] . National Statistical Office (NSO), Government of India. (2023). "Periodic Labour Force Survey (PLFS)."
[11] . Ministry of Statistics and Programme Implementation. (2024). "National Accounts Statistics 2024."
[12] . Institute of Human Development. (2023). "Youth Employment and Unemployment in India."
[13] . Organization for Economic Co-operation and Development. (2024). "Employment and Economic Growth."
[14] . World Inequality Database. (2024). "Wealth Inequality and Income Inequality Trends in India."
[15] . Ministry of Commerce and Industry, Government of India. (2024). "India’s Import-Export Trends and Dependence on China."
[16] . Ministry of Statistics and Programme Implementation. (2024). "Annual Survey of Industry (ASI)."

ABSTRACT:
The demographics and growth of India have made it an epicentre in emerging world economics. In the face of prevailing geopolitics and the struggle to resuscitate growth in most of the postpandemic world, India's trajectory has a meaningful impact. We retrace India's journey from the liberalization in the 1980s to the current scenario of stuttering growth, high inflation, and burgeoning. We assess the policies that led to the current quagmire - against those of its larger competitors and debate the prudent path ahead to break out of the lower middle-income trap.

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