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Indian Economy
The Indian economy has grown significantly over the past few decades. Population has grown from 685 million in the 1980s to over 1 billion currently, while poverty levels have fallen from 44.5% to 25% in the latest figures. Economic liberalization began in 1991 and India has slowly integrated with global markets, with GDP growth averaging over 6.5% annually since the 1990s. Key challenges for India include reducing poverty further, accelerating economic reforms, and improving infrastructure.
