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India’s lower-income states grow faster than richer states due to higher capex
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India’s lower-income states grow faster than richer states due to higher capex
New Delhi, Nov 26 (SocialNews.XYZ) India's lower-income states are showing early signs of "growth convergence" after the pandemic, indicated by a rise in state public capital expenditure that has helped some lagging regions grow faster than richer states, a report said on Wednesday. Assam, Uttar Pradesh, Rajasthan, and Bihar are standout states with higher public capex and strong growth, the report from HSBC Global Investment Research said. "Tho…
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