Has India lost the race ?
As recently as 2006, when I first visited India and China, the economic race was on, with heavy bets being placed on which one would win the developing world sweepstakes. Many Westerners fervently hoped that a democratic country would triumph economically over an autocratic regime.
Now the contest is emphatically over. China has lunged into the 21st century, while India is still lurching toward it.
That
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