Xinshen Diao of the International Food Policy Research Institute has shown that this growth was led by non-tradable services, in particular construction, transport, and hotels and restaurants. The public sector dominates investment, and the bulk of public investment is financed by foreign grants.
O crescimento da Índia na última década teve muito a ver com as políticas macro-económicas indisciplinadas e com uma deterioração da conta-corrente - que registou um défice superior a 5% do PIB em 2012, tendo estado em saldo positivo no início de 2000.