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India's Cities Prosper as Country Folk Starve

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 03:16 PM
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India's Cities Prosper as Country Folk Starve

India's economic growth has surprised even optimists. Nobody thought that it would exceed 7 percent. It did last year. In fact, the last quarter ended with a little over 8 percent.

With the country's foreign exchange reserves crossing 100 billion US dollars, even optimism is turning into disbelief.

All these have demolished a few myths. One, political coalitions cannot propel high growth. Well, this has been proved wrong.

For some years now, critics and cynics have argued that a coalition government -- especially of the kind that India has had with a Hindu nationalist party heading 20-plus partners of various shades of political thinking -- is unlikely to keep alive the economic reforms process that began a little over a decade ago.

http://www.theseoultimes.com/ST/
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starroute Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-04 06:03 PM
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1. Your link only goes to the front page
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_Jumper_ Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-15-04 12:24 AM
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2. Pakistan
Pakistan needs to realize that if it fails to eradicate the terrorism and extremism problem it has it will continue to fall further behind the world while India marches on the path toward superpower status.
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