I think this article overlooks some fundamental issues when we talk about building large economies. I doubt if we are on any policy track to be a gobal superpower. Consider some of the well known reports on oil supplies. Both china and India are known to have become oil guzzlers. More countries are getting into the fray. I think India lacks the agression on policy front that the US,Russia, china and other countries have shown. Many reports have suggested that the world oil supplies will collapse by 2050. (or near that)
We need some solid alternative energy research and policies to become a global power. Reduce reliance on oil if we ever dream of becoming such a nation. While as an Indian this report seems to strike the right cord with me I think this report seems to lack the analytical rigor. If any analysis has been made at a strategic level I would love to see rediff publish on how the government plans to grow the economy. All I want to say is let us not get too carried away as we do not see how India can do this atleast in the popular press. !!!
