'6.5% growth rate means India stuck in lower-middle income trap': P Chidambaram calls for 'Manmohan Singh-like courage'
Senior Congress leader P. Chidambaram said Indias 6.5% growth rate should not be seen as a success but as a sign that the country remains trapped in the lower-middle income group. In a post on X, he wrote, “A growth rate of 6.5 per cent is not a moment of celebration. It means that India is stuck in the lower-middle income trap without the ideas or the intrepidity to break out. It is a time for summoning Manmohan Singh-like courage.”
Senior Congress leader P. Chidambaram said Indias 6.5% growth rate should not be seen as a success but as a sign that the country remains trapped in the lower-middle income group. In a post on X, he wrote, “A growth rate of 6.5 per cent is not a moment of celebration. It means that India is stuck in the lower-middle income trap without the ideas or the intrepidity to break out. It is a time for summoning Manmohan Singh-like courage.”
