India isn't anywhere near a middle income trap, says Nicholas Stern

'We would not have got a Paris agreement without the enthusiastic participation of India'

The Russian invasion of Ukraine may accelerate the case for moving away from fossil fuel even as the world has to struggle to streamline fossil fuel supplies in the next two-three years, NICHOLAS STERN, professor of economics at the London School of Economics and a prominent environmental economist, tells Asit Ranjan Mishra in an interview. Stern, also a former World Bank chief economist, says he is hopeful of India’s growth potential for the next couple of decades. Edited excerpts: 

What do you think should be the focus areas and reforms that India should undertake to become a developed economy? 

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