This seems to be at odds with reports that the GDP is booming and we will be the 3rd largest economy soon. What's going on? Is it simply that we're too populated? Or the slow pace of reforms, FDI entry and privatisation under Modi, worsened by anti-reform state governments? Or perhaps the fact that only Southern India, Western India and NCR are growing the economy, while the North, East and East are pulling us down?

Faulty government policy that has seen the crony capitalists making money and the actual mass not having anything to spend. Will keep happening so long as the current party is in power and continues the same policy. They are neither capitalists nor socialists, just there to keep Adanis, and Nirav Modis happy.