The Lost Decade (2008-2018) How India's Growth Story Devolved into Growth without a Story

Before the global financial meltdown of 2008 India's economy was thriving and itsGDP growth was cruising at an impressive 8.8 per cent. The economic boom impacteda large section of Indians even if unequally. With sustained high growth over an extendedperiod India could have achieved what economists call a 'take-off' (rapid andself-sustained GDP growth). The global financial meltdown disrupted thismomentum in 2008.In the decade that followed each time the country's economy came close to returning...See More