I am sure somebody is perhaps referring to the RamaRajya that flourished for over 1100 Years- whether you beleive it or not. I donot think this economic status never returned to India after that period. If there was no truth in the existing of Rama Rajya, it is be almost like saying the Dynosaure never existed on earth. We sincerely hope this age returns again, but the author seesm to have forgotten totally about the flip side of the story like the ills that would be afflicting this golden bird then. Yeshwanth Pai from Bangalore
RE:The Golden Ages and India .......
by Soumanjan Bhattacharya on May 23, 2007 10:13 AM Permalink
Nobody is refering to the RamaRajya. Check the economic scenario of India during the Mughal age and you would get the answer.
RE:The Golden Ages and India .......
by Nikhil Deo on May 23, 2007 08:24 AM Permalink
Wake Up!! McKinsey has made this report for those who are interested in selling a lot in India. So, for them, it's a huge market with more than a Billion people with ample of resources to produce from. In short, a place where huge profits can be made ealisy. (Please note, it does not talk about real prosperity in all terms even other than economic - like peaceful life , sense of security etc.) This same feel of a huge market in a resouce-rich country is the one that brought foreigners here centuries ago. So, this report by McKinsey can be said to be similar to reports by visitors to India before or during the invasions!!
There is a lot said about distribution of wealth in all classes. An intersting parameter suggested by an economist to measure health of an economy is, difference in average incomes of top few percent and bottom few perecnt people. It may address concerns raised by many in the discussion below.
