Quest for superpower

Abstract

India’s persistence with policy reform could not only follow but better China’s growth story since its unprecedented fairy tale reforms of 1979. India could be on the cusp of making economic history. The new governments and its continuous election victories could help India leap into high growth phase for the next decade by providing confidence to the markets in the economic policies being being pursued. The government’s strategy to focus and encourage housing sector, and micro, small and medium enterprises (MSMEs) augurs well for domestic economy. The art of foreign diplomacy being practiced would inspire confidence in the global markets.

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