Saaf Aangan Dreams
October 22, 2006 on 5:54 pm | In Newspapers, Times of India | No CommentsIn the late seventies I lived with my family in Mexico City, where I noticed that our neighbours would wash the foot path outside their house every day. But we, being good Indians, swept our home, washed our driveway but left the pavement to the municipality. As a result, the walkway outside our neighbours’ homes sparkled proudly while ours remained dirty and sad. It didn’t take long before we felt ashamed and followed the good ways of our neighbours. Continue reading…
India’s mystifying rise
October 8, 2006 on 5:55 pm | In Newspapers, Times of India | No CommentsThere were many smiling Indian faces last week. Our economy again beat forecasts and grew 8.9% in the April-June quarter. India’s economic rise bewilders Indians. No one quite understands why this noisy and chaotic democracy of a billion people has become one of the world’s fastest growing economies. This is the fourth year we are looking at around 8% growth, and this follows 22 years of very respectable 6% annual growth. With 25 years of high growth per capita income gains have been huge: from $1,178 in 1980 to $3,051 in 2005 (in ppp). Continue reading…
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