Want to create an interactive transcript for this episode?
Podcast: Moneylife News Bites
Episode: The Economy Is Running as it Is Supposed to
Description: The Indian economy has shown remarkable resilience with strong growth cycles, but there's more beneath the surface. We explore why the Indian economy, despite steady GDP growth and significant government spending, still struggles with private investment, unequal wealth distribution and a high debt burden among the middle class. Debashis Basu breaks down the current macroeconomic factors, the role of services exports, NRI remittances and the limitations holding back broader prosperity. Understand the reality behind the growth numbers, the systemic issues, and the critical factors shaping India’s economic future. Hosted on Acast. See acast.com/privacy for more information.