Time magazine’s June 26 cover story is about India emerging as an economic superpower. Check out the cover image here.
My question is this – is India the new Japan? Having lived in Japan and seen how the bureaucracy there has befuddled its economy, I really wonder what sort of reformation the Indian bureaucracy will have to go through for the economy to really blossom. And by blossom, I mean for the common man and woman to feel the benefits of the economy; not just the top-tier wealthy.
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