ʺWhy India Cannot Sustain High Economic Growthʺ, by Kunal KumarKundu
In his article about Indiaʹs prospects for growth, the author notes that ʺPer capita availability of food grain is falling as population is growing faster than food grain production. Deplorable rural infrastructure leads to India wasting an amount of food grain Indiaʹs agriculture is still so very
Highly monsoon dependent. ʺ
If the author is suggesting that Indiaʹs growth prospects are explained by the classical growth theory, we also expect that

Question

Quizplus · Accepted Answer

The classical growth theory suggests that any increase in productivity or resources will eventually be offset by population growth, leading to a decline in labor productivity over time.