Statsguru: World Bank's India diagnostic report

Recently the World Bank released the so-called Systematic Country Diagnostic for India.

It is estimated that if the country grows at 8 per cent and above for the next three decades, the Indian economy will become one of the dominant ones by the middle of this century. The draft report looks at some of the key aspects that policymakers need to address to achieve its potential. 

The report acknowledged that India has come a long way, as shown in Chart 1, in reducing poverty, thanks to relatively rapid economic growth. While it is true that India is likely to enjoy