Does GDP growth matter much ?

http://www.livemint.com/Politics/WUt8EmLNJVnJvRKdJQ8rQM/Indian-economy-looming-as-Achilles-heel-of-Narendra-Modi-go.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter
After reading "A World of Three Zeros" by Muhammad Yunus, I have started wondering, whether economic growth by itself is going to help India to move towards zero poverty and zero unemployment.
M G Warrier

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