India's Economic Growth Hinges on Removing Capital Controls and Border Restrictions
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India's Economic Growth Hinges on Removing Capital Controls and Border Restrictions

Removing capital controls and other border restrictions is crucial for India to become an open market economy and unlock growth, according to businessstandard. The article argues that these constraints, stemming from a desire for control or fear of volatility, hinder economic engagement, weaken the financial sector, and reduce competitiveness. Liberalizing these measures is presented as a path to prosperity and increased economic opportunities.

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