As Robert Forst puts it, "
Two roads diverged in a wood, and I--
I took the one less traveled by,
And that has made all the difference "
I am not sure which path is the one that is less traveled and I am not sure whether it makes a positive or a negative difference. We were at the forefront of change few years back, and we made a choice then which resulted in the growth story India is proud of, but we are not able to continue that growth story for long. We have stumbled on it as soon as we started it.
I think lot of people wonder which path to take. What is that we need to do, to change the destiny that we are staring it. Is this what Nehru meant when he made that historical remark 'India's tryst with destiny' during his independence speech. Well no one can ever be sure of that.
But what we need is a list of things that we need to do, to come out of this mess - if at all I can say so.
Well, we do not have to start the research now. Goldman Sachs has already done it. Based on the research carried out by Jim O'Neill and Tushar Poddar, they have come out with a list of Ten things India has to do to achieve its 2050 potential i.e., to be one of the top two economies of the world.
The list is as follows:
It is time we wake up from our deep slumber and get India back on the growth wagon.
I took the one less traveled by,
And that has made all the difference "
I am not sure which path is the one that is less traveled and I am not sure whether it makes a positive or a negative difference. We were at the forefront of change few years back, and we made a choice then which resulted in the growth story India is proud of, but we are not able to continue that growth story for long. We have stumbled on it as soon as we started it.
I think lot of people wonder which path to take. What is that we need to do, to change the destiny that we are staring it. Is this what Nehru meant when he made that historical remark 'India's tryst with destiny' during his independence speech. Well no one can ever be sure of that.
But what we need is a list of things that we need to do, to come out of this mess - if at all I can say so.
Well, we do not have to start the research now. Goldman Sachs has already done it. Based on the research carried out by Jim O'Neill and Tushar Poddar, they have come out with a list of Ten things India has to do to achieve its 2050 potential i.e., to be one of the top two economies of the world.
The list is as follows:
1. Improve Governance
2. Raise Educational Achievement
3. Increase Quality and Quantity of Universities
4. Control Inflation
5. Introduce Credible Fiscal Policy
6. Liberalize Financial Markets
7. Increase Trade with Neighbors
8. Increase Agricultural Productivity
9. Improve Infrastructure
10. Improve Environmental Quality
The full report on the same is available here.It is time we wake up from our deep slumber and get India back on the growth wagon.
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