Stalled infrastructure and industrial projects represent a significant drag on the economy, tying up capital and resources without generating output. Clearing these bottlenecks and ensuring the implementation of productive projects can unlock substantial investment, boost demand for inputs like steel and cement, create employment, and quickly add to the economy's productive capacity. This measure has the potential for a relatively immediate and significant impact on raising the growth rate.
Which factor can be highly supportive in achieving economic growth rate of 8% or more in the near future in India ?
Asked in RPSC RAS Prelims 2013 · Topic: Nature of Indian Economy (Features of Industrial Growth and its Bottlenecks)
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Answer: B. Implementation of all stalled productive pro‐ jects.
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