12.3.19

How your life’s changed since the last election


Most fundamental factors of performance (e.g. life expectancy, literacy, per capita income) have improved almost without interruption since Independence, though pace of improvement has fluctuated widely through the terms of different governments. For instance, real per capita income growth in the past five years was higher than it was during UPA-II because rate of inflation has been consistently low since 2014. But job creation, especially in rural areas, is estimated to have fallen since 2016, partly reflected in the current consumer confidence. Here’s how India changed on a dozen randomly chosen economic factors since mid-2014....

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