India's Stalled Risse

For much of the first decade of the twenty-first century, India’s economy captivated the world’s imagination. Other countries looked on enviously as India became the fastest-growing free-market democracy, seemingly vaulting effortlessly from the status of a nation mired in poverty into that of a high-tech, car-owning, middle-class society. Powered by information technology companies such as Infosys, Tata Consultancy Services, and Wipro, the country was poised to be a global player, perhaps even an economic superpower.

 

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