Thursday, September 25, 2008

India's Painful Transition to Growth and Prosperity

A very erudite analysis of the problem facing India is available here

The position I took in my previous post is reflected in this article - in a way.

I do not quite agree with "If ever there were a symbol of India’s ambitions to become a modern nation, it would surely be the Nano ..." though. At the most Nano might be the hope of millions of Indians who wish to own a car, but that I am sure is not the definition of a modern nation. Right? We don't even know if it will sell that well, now do we?

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