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RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy

While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the world’s third-largest economy. In purchasing power parity (PPP) terms, the Indian economy is already the third largest in …