India's growth story is durable, but dangerously comfortable. That is the central message from Garima Kapoor, Deputy Head of Research and Economist at Elara Securities, who says 6.5% real GDP growth is good enough to coast, but nowhere near enough to achieve the Viksit Bharat dream by 2047.
Kapoor said: "To achieve the aspirations we have set ourselves, we need to grow at minimum 7.5% to 8% in real terms — durably."