Private capital is soaring in, but roughly 800 million people live on less than $2 a day. Hundreds of millions of people have moved into the middle class in recent years, yet hundreds of millions more have little to no access to power, sanitation, or internet connectivity. It is one of the fastest growing large economies in the world while the spread of disease persists throughout the subcontinent. This is, of course, the paradox of India.
Read the full piece on Mastercard Center for Inclusive Growth.