New Delhi: Economist and author Surjit Bhalla has said that despite maintaining a robust growth rate of 6 per cent, the Indian economy is suffering from a "standstill" in ambition.
Speaking exclusively with ANI, Bhalla, a former part-time member of Prime Minister Narendra Modi's Economic Advisory Council, stated that India's manufacturing sector remains trapped in a cycle of stagnation because government protectionism has disincentivised corporations from taking the risks necessary to compete globally.
