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[India in its quarter century of reforms has had a phenomenal trajectory of economic growth. Its principal economic strength is thriving software and business service industries which provide synergy to Western businesses and other developed countries. Concerted reforms have propelled India into a big league of nations although it remains a poor country. Likewise, ASEAN, if they form a monetary union, could also contribute to Asia s growth and hence economic rise.
India is still enmeshed in the South Asian region and has to sort out its problems with immediate neighbours whereas China has already resolved it border problems with all of its neighbours. Lacking in innovative approaches, India still appears to believe in terms of imposing its own solutions to regional entanglements. Unless and until the regional problems are resolved to the satisfactions of all concerned, India is unlikely to emerge as world player. However, this does not mean that India does not have the capacity to play the role of a leading Asian power. With Pakistan, Kashmir dispute lingers on despite the ongoing peace process making impressive strides, particularly in the area of CBMs. Similarly, India s problems with smaller neighbours such as Nepal, Bangladesh and Sri Lanka are far from cordial and easy. Resolution of problems with neighbours could facilitate greatly for India s cherished global role.] http://thepost.com.pk/OpinionNews.aspx?dtlid=169318&catid=11 unless india devolve more power and dedicate more responsibilities to it`s states, india will never be able to eradicate poverty,,, |
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