India's middle-income trap has a problem money may fix
- Posted on September 15, 2026
- By Business News Today
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- 1 min read
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India's middle-income trap has a problem money may fix
Economist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructure, while deeper global cooperation is needed for inclusive growth. He warns that climate change, rather than artificial intelligence, could become the real geopolitical battleground, urging India to reduce its material footprint and support sustainable development and greater global economic justice.
