OECD: India needs more inclusive growth

NEW DELHI: India’s rapid economic growth has lifted 140 million people out of poverty in the past decade but many of its people still lack access to elecricity and toilets, the OECD said Tuesday.

GDP per capita has risen by more than five percent per year since the mid-1990s and reforms introduced since Prime Minister Narendra Modi’s election in 2014 have “brought a new growth impetus and improved the outlook”, the Organisation for Economic Cooperation and Development said in a report.