Make in India performance, 2047 target for economy

Becoming the third-largest economy is not difficult for India, but the country faces challenges due to "widening income and wealth inequality", says Singh. The piece identifies some of these challenges—sticky inflation, unemployment among educated youth, the presence of the informal business sector, and sluggish demand, with only a nominal expansion in consumption. The manifesto, while promising to make India the third-largest economy, "offers no detail on how Modi would make that happen", says the piece by Ritesh Kumar Singh, corporate economist and former assistant director of the Finance Commission of India. While laying down an "active agenda" on non-economic issues,…