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What is a key driver of India's economic growth as highlighted in the text?
  • a)
    Boosting private investment
  • b)
    Implementing stringent fiscal austerity measures
  • c)
    Encouraging over-reliance on imports
  • d)
    Ignoring infrastructure development
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is a key driver of India's economic growth as highlighted in the...
A significant driver of India's economic growth, as highlighted in the text, is the focus on boosting private investment. This strategy involves incentivizing labor-intensive industries and promoting domestic manufacturing, which can contribute to economic expansion and job creation. By encouraging private investment, the economy can diversify, innovate, and expand, leading to sustainable growth and development.
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