We are compelled to state that, despite more than 50 years of economic planning, the country has yet to meet the unique needs of Arunachal Pradesh fully. Arunachal Pradesh is still backward only because of the harsh terrain and disproportionately high costs of supplying administrative, social, and economic infrastructure. The state's economic development is hampered. In most infrastructure areas, the state lags behind the national average. In most aspects of infrastructure, the state lags behind the national average. Economic planning has had little influence, and economic liberalization has had little impact as well. Re-orientation and restructuring of strategies and policies best suited to Arunachal Pradesh would be required to accomplish the desired developmental vision, taking ful
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India’s Expected Economic Growth To Remain At 7.5% In 2022-23: World Bank
The wounds of the epidemic have not yet healed. Russia-Ukraine war has become a 'poison on the knees'. In this scenario, the rate of inflation in the retail market in India stands at an eight-year high. On record wholesale inflation. That is why the World Bank is not dreaming of a 'good day' in terms of financial growth. On 'Global Economic Prospects,' the World Bank on Tuesday released a report. The report says, "India's economic growth rate for the current fiscal year 2022-23 could be 7.5 percent. Incidentally, in the last financial year (2021-22), the World Bank said that in the fiscal year 2022-23, India's economic growth rate could be 8.7 percent. Last April, a revised report by the World Bank predicted an 8 percent growth in India. In Tuesday's report, it was further reduced by 0....
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