Instead of controlling the economy directly, there's a tendency to control information about the economy. This is a dangerous path because it deprives households and firms of the information they need to make informed economic decisionsJoin us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.