As part of the Rutgers Travel Course to India, I had the chance to experience the challenges and opportunities of this great country. Our group traversed the country from Bombay to Bangalore, from the old city of Delhi to the tranquil and modern campus of Infosys. If anything was clear from this trip, India is a nation of severe contrasts. From a malnourished, naked child lying helplessly on the sidewalk, to a well-dressed, highly-articulate business executive speaking of opportunities for his company to emerge as a market leader; the contrasts challenge your senses to the extreme. While it is clear that India continues to face significant challenges, it has also become clear that India is a country with limitless potential.
India is a country of extremes. The largest democracy in the world, India boasts a powerful middle class consisting of over 300 million citizens. At the same time, this is a country with more than one-third of the world’s chronically malnourished children . In fact, over a quarter of the population live below any humanly-accepted poverty level . India became an independent nation in 1947, however the young government installed socialist policies and largely aligned with the Soviet Union with regards to centralized economic planning and the regulation of markets. By 1991, the Soviet Union had collapsed, and it had become clear that deregulated, free markets were outperforming socialistic trending markets around the world. With such clear evidence in hand, India began to privatize industries and increase foreign direct investment opportunities.
Showing posts with label potential. Show all posts
Showing posts with label potential. Show all posts
Friday, March 26, 2010
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