CPM will not let India to progress as they being the followers of CHINA. They have shown there positive regards by saying that " The President/Chairman of china is our Chairman."
On longer term, Keystone contends India will be in a stronger position. It projects that China's average annual growth will peak at 8.8 per cent over the next five years, and then gradually trend downward to under 7 per cent in the 2020s and around 4% by the 2040s.
India's annual growth is projected to rise to around 7.3 per cent by 2010 and stay over 7 per cent until the mid-2030s, and still be in the 6% range until 2050.
That, in fact, was the title of a recent white paper by the Chicago-based consultancy Keystone-India, founded by a group of top economists from Ernst & Young who believe that India is on track to surpass China in growth. "We believe this is India's moment," declares Keystone Chief Economist William T Wilson. Thats why we all will hve to react faster & make sure that CPI(M) doesnt try to lead Indian Politics & hence the Country.
