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POPSGovernmnet can do wonders (if it wants) Looking at following figure from RBI, we quickly realize that government can do wonders (only if it wants). If the pending government spending in infrastructure projects can be reduced, the GDP automatically shifts to higher trajectory. Following graph clearly shows GDP growth move up from 6.3% to 7.7% just by decreasing the pending spending by mere 10% average. Think what can be GDP growth if it comes down from 40% average today to 10% (or even less, if one can be very optimistic).
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