India's economy is growing but still has a long way to go. It currently contributes 8% to the global GDP, while having 18% of the world's population.
Most of India's economic activity comes from informal sectors, making it hard to get accurate data. This leads to big challenges like high debt and low per capita income.
Despite having a large population and potential for growth, India struggles with inequality and low productivity. A small part of the population contributes to most of the economic consumption.
Different places offer different perspectives on life and opportunities. Living in various locations helped me see how they compare in terms of freedom and prosperity.
Experiencing life in both India and abroad gave me a clear idea of how things work locally and globally. It's important to balance inside and outside viewpoints to understand the whole picture.
There are many new ideas emerging in India that can help reshape its identity and economic position. Engaging with local communities and discussions has been very enlightening.