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Development and growth are interrelated but distinct concepts in economics, particularly in the context of the Indian Economy. Growth generally refers to a quantitative increase in a country’s output, usually measured by the rise in Gross Domestic Product (GDP) or Gross National Product (GNP). It focuses on the expansion of an economy’s capacity to produce goods and services over time. Development, on the other hand, is a broader and more qualitative concept. It encompasses improvements in standards of living, reduction in poverty, access to healthcare and education, better income distribution, gender equality, and sustainable use of resources. While economic growth is necessary for development, it is ______ _____ ___ _______ __________ ____ ____ _______ _______ ____ __________ __________.
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