4 ms·
Wow lot of pessimism and cynicism here. > '...but per-capita income of India is so low' No one has said otherwise. Having a big economy has many advantages an
by dimmuborgir 15y ago
Wow lot of pessimism and cynicism here.
> '...but per-capita income of India is so low'
No one has said otherwise. Having a big economy has many advantages and India is expected to grow for decades to come.
> '...but go to Indian cities and you'll see rampant poverty'
So? Poor people migrate to cities in search of opportunities. Unlike China there is no mechanism in India to put restrictions on rural migrants.
> '...gap between rich and poor in India is growing'
Show me one country that is growing 5% or more where the gap between rich and poor is decreasing.