Lessons from India’s fast growth

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India’s Finance minister Nirmala Sitharaman (center) leaves the Finance ministry to present the annual budget in the parliament in New Delhi on Wednesday. FILE PHOTO | AFP

India is currently the fifth-largest economy in the World. It is ahead of Great Britain, which colonised the country for 89 years.

Moreover, this South Asian nation is ambitious to become the third largest economy behind the US and China within this decade.

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