NEW INDIA – By Prashant Shukla
After independence, India is on a path to make a positive impact on the world economic and political landscape. Indian companies have bought Europe’s biggest steel-makers, Arcelor and Corus, and premier car brand Jaguar, similarly, many European and American firms relocated their operations to India. Indian government agencies are active for broadening economic cooperation in Africa, Central Asia and South East Asia. Indian influence is growing due to its rapid economic growth, the presence of its talented pool of professionals all over the world, and because of the largest consumer market. India has enormous challenges, as it should not assume that the economic success of India is always guaranteed. Policymakers must overcome significant challenges for continuous economic growth such as inadequate infrastructure, creation of a talented pool of professionals, active management and investment in health and education, and removal of rural and urban poverty. Assume that the po...