pippala leaf

December 5, 2005

Pitfalls and roadblocks for ‘The Rising’

Filed under: Uncategorized — MBN @ 4:18 pm

Some of us in this “Flattened” world need a very very long ladder to climb up. A more realistic view of India’s “rising” by Pranab Bardhan in YaleGlobal Online.
Snippet from the article

  • The total number of workers in all possible forms of IT-related jobs in India comes to less than a million workers – one-quarter of one percent of the Indian labor force.
  • India is as yet a minor player in world trade, contributing less than one percent of world exports.
  • No safety net exists for the poor against the major disruptions and hardships of restructuring
  • Slow processes of democracy in India


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