Duvvuri Subba Rao says: “India needs to focus not just on accelerating the growth rate but we also need to generate job-intensive growth. We need to focus on inequality and on generating jobs in order to ensure that we become a developed country by 2047. We used to learn in economics that economic growth trickles down but now we know that economic growth actually trickles up and inequalities are widening across the world and within India.”