Template-Type: ReDIF-Paper 1.0 Title: The challenges of India‘s economic policy Number: bda91b64-2f19-4f87-bd32-120b6b591166 Handle: RePEc:avg:wpaper:en606 Publication-Status: Published in Macrodev Author-Name: Vincent CAUPIN Author-Name: Stéphanie PAMIES-SUMNER Abstract: Over the 1990s and 2000s, India experienced a remarkable acceleration in its rate of economic growth comparable in the mid-2000s to that of its neighbour China. This economic “take-off”, which was partly driven by private investment, was anchored in the country’s strong positioning on different business sectors (chemicals/pharmaceuticals, jewellery, oil refining, IT services, business services, etc.). Coupled with the launching of major social programmes, these high-growth years helped to reduce extreme poverty and foster the emergence of a middle class. Creation-Date: 2017-08-31 File-URL: https://www.afd.fr/sites/afd/files/imported-files/16-Macrodev.pdf File-Format: Application/pdf Keywords: Orients, Inde Classification-JEL: E Length: 52