Why India can grow at 7% a year or more

An IMF working paper, authored by Dani Rodrik, professor at Harvard University, and Arvind Subramanian of the IMF's research department, uses a simple growth accounting framework, and project India's future potential output growth rate through 2025.

"We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7% for aggregate output or 5.5% for output per capita," says the abstract of the paper.

Click here for the research paper