India: A Superpower in the Making or Is it??

India: A Superpower in the Making or Is it??

Here is another article on India’s ascendency where the author looks at the different reasons on why India might be the next super-power. Just that it doesnt look at the various structural issues like the Politics and the stupid decisions taken by our politicians regarding the future of our country.

I am reminded of this poem by Faiz Ahmed Faiz:

“Pata Pata Boota Boota;
Haal hamara jaane hai
Jaane na Jaane gul hi na jaane;
Baag to saara jaane hai!!”

Every leaf and plant in thsi garden
Knows my state
Even though the flower itself doesnt realize;
everyone in the garden is nevertheless privy to the knowledge!

I hope others are correct about us!

With nearly 1.1 billion inhabitants, India is the second largest country on earth in population, and seventh largest in geographical area, over 1.1 million square miles. This is almost 1,000 people for every square mile of area nationwide—much denser than even China.

Since achieving independence from British rule in 1947, it has seen its share of conflict, struggle and setbacks. Although India still faces many challenges, it is now poised to reach a higher position on the world scene than at any previous time.

The Indian economy has grown an average of around 6% annually over the past decade and 8% per year over the past three years—among the fastest rates in the world. It boasts an emerging middle class and increasing gross domestic product, exports, employment and foreign investment. This is complemented by a roaring stock market (index value up by a third in 2005 and by 200% since 2001), low external debt and large foreign exchange reserves.

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