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RE:Why India can't be a knowledge economy
by Ravikant on Nov 13, 2006 09:55 AM

India can't be a knowledge economy when it is content with doing BPO/ KPO work for other countries.
So long as we Indians don't use the knowledge ourselves, for our own betterment, we would merely be Knowledge Coolies ( carrying the "Knowledge Headload" for others).The real power to use the knowledge will continue to remain with the developed countries with India being none the wiser.
What we need is relevent and useful research that will stamp our own originality and will be useful for the betterment of our millions of people who are out of the economic system due to poor purchasing power.
We cannot avoid politicians and the govt to provide legitimacy to peoples initiatives for the betterment of the society.The less said in this area the better.
All this talk of transforming India into a " superpower", "economic powerhouse", etc is all baloney and hot air.
The really prosperous countries continue to do their business and prosper while we talk and daydream.

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Why India can be global leader