Q.3) What is middle income trap? How India can escape it by focusing on increasing productivity? (10 marks)

“Mentor’s comment” https://www.livemint.com/opinion/online-views/we-must-plan-ahead-to-escape-the-middle-income-trap-11625155881221.html -In the intro, mention the importance of productivity for India to progress economically. -In the body, describe … Continue reading Q.3) What is middle income trap? How India can escape it by focusing on increasing productivity? (10 marks)