💨 Abstract
In the article, the author discusses India's economic growth and private consumption expenditure over the last decade. The GDP growth rate has slightly decreased, but private consumption expenditure still accounts for a significant portion of the GDP. However, the consumption-to-GDP ratio has gone below 56% only twice, once after demonetization and again in the most recent year.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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