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This paper studies the phenomenon of service-led growth in India over the past two decades from the perspective of …, transportation, entertainment, and personal services - for both rural India. We begin by showing that expenditures of non … larger numbers referring to urban India. Next, we show that expenditure on services, as a share of total expenditure, has …
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The COVID-19 pandemic led to stark reductions in economic activity in India. We employ CMIE's Consumer Pyramids …
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