India, Jan. 8 -- On 'Liberation Day' in April, US President Trump announced a sharp increase in tariffs on imports from several friendly countries. Experts had forecast that major trading partners would retaliate, and that the world was likely to plunge into a deep recession. This even led to markets crashing across the globe. It was also predicted that growth would slow down everywhere. The US, too, was expected to face high inflation and poor growth. Nine months down the line, however, the US has registered record growth of 4.3 per cent, and India's growth figure in the second quarter of the current financial year has also proved robust at 8.2 per cent. In this piece, let me examine how India remains on a fast-growing trajectory despite...
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