Premium illustration: Binay Sinha3 min read Last Updated : Aug 18 2024 | 11:55 PM IST
In his Independence Day speech, our Prime Minister Narendra Modi called for suggestions on how India can become a developed nation by 2047. While there would be enough responses from a cross section of people and institutions in India to help the government formulate necessary policies, It would be worthwhile to consider the recommendations of the latest World Development Report 2024 (WDR) on what the developing countries need to do to become developed economies.
The WDR, prepared by economists at World Bank and released in the beginning of this month, says that developing countries must avoid stagnationDisclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
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