Growth is a necessary but not a sufficient condition for development.
Meaning
Economic growth alone is not enough; true development requires broader progress.
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About the author
(born 1932) is an Indian economist and politician who served as the Prime Minister of India from 2004 to 2014. He is widely credited for economic reforms in India during the 1990s that helped liberalize the economy. Singh is known for his integrity, intellect, and calm leadership style. His policies focused on economic growth, global integration, and development. Manmohan Singh’s legacy remains significant in shaping modern India’s economic landscape.
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