Lost Decade Of Growth

An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this century, the World Bank said Monday, proposing measures to prevent a "lost decade" of growth.

In a veiled attack on Congress, PM Modi on Tuesday said that the country is making rapid strides in the telecom sector as 5G and 6G will help boost growth in every sector after "losing a decade of policy paralysis and corruption of the 2G."

India's economy has suffered more than most from the pandemic and so have its people. The country has lost more than a year's worth of growth and perhaps a decade's progress in its efforts to reduce poverty. The economic contraction - the first in India since the 1970s - has put pressure on its government like so many others to respond.

An anticipated economic slow-down in China is likely to drag global growth down to its lowest level this century, the World Bank said Monday, proposing measures to prevent a "lost decade" of growth.

In a veiled attack on Congress, PM Modi on Tuesday said that the country is making rapid strides in the telecom sector as 5G and 6G will help boost growth in every sector after "losing a decade of policy paralysis and corruption of the 2G."

India's economy has suffered more than most from the pandemic and so have its people. The country has lost more than a year's worth of growth and perhaps a decade's progress in its efforts to reduce poverty. The economic contraction - the first in India since the 1970s - has put pressure on its government like so many others to respond.