Yes she is.

• See her rapid growth in space research.
• See her growth in economy. (India to grow at 7.8 per cent in 2015-16; surpass China: ADB)
• See her growth in service sector (India has second fastest growing services sector)
• See her growth in infrastructure development.

Syam

Yes, the Indian economy is growing (as measured by Real GDP). In Q1 of 2017-18 (Apr-June), India's real GDP was about Rs.31 trillion, growing by 5.7 per cent over Q1 of 2016-17.

The question that policy makers are generally concerned with is: Where does this real GDP (actual output) stand relative to 'potential' output? Is it above potential, below potential or at the potential output? Or in terms of growth, is the real GDP growth of 5.7% above/below/at the 'potential' growth rate?

This raises some more questions like:

(i) What is the Indian economy's 'potential output' or 'potential growth rate'? Is it 7.5% or 8% or 10%?

(ii) Is the 'potential' growth rate similar to the 'trend' rate of growth? Or is it the 'natural' or 'equilibrium' rate of growth?

(iii) And how do we measure the potential output/growth rate?

These are some research questions!

Regards

Arun

Interesting question as one can read it everywhere and also PM Modi mentions it rather often. India’s economy has overcome the Hindu rate of growth and is one of the fastest growing economy in the past 10-15 years, with some slowing down rather recently, but no real reason to worry.

Maybe the question is not so wrong; it could be that some sections of India's society really do not notice that the economy is growing as they have little benefit from it. India's economic growth had always what is called "jobless growth" meaning that the highly labour intensive economy India always had been (because of the low cost of labour) work is destroyed when productivity is increasing.....This became already very visible in the SAP of the 1990s and also the privatization efforts, when state companies were sold to private companies for peanuts. In this process then productivity increase let to redundancies of many….

Yes. We can find a significant economic growth in India Since decades though the economy has been slowing down for sometimes.