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Knowledge@Wharton

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Bright Prospects in Rural India

Because of buying power of the rural India, the Economy in the fourth quarter of the fiscal year (January-March 2009), the economy grew 5.8% against expectations of less than 5%. Is rural India’s growth a short term anomaly or a secular trend that is going to aid India’s long term growth? Knowledge @ Wharton article says that it could be a long term trend.