So New York Times says India's economic growth is uneven and only enjoyed by the country's upper strata?
but.. but.. but sir jee, bilionear mek job for everywon and mek kuntry shupapowa..
India has jobless consumption led “growth”.
Basically, money just circulates amongst the rich.
Only proven way the poor are lifted up is through an export led growth.
Pakistan is also a largely consumption led economy. Hence its poor are very poor and rich are very rich.
Consumption led growth has never ever lifted the poor. It does not work for the poor!