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To: Robert Douglas who wrote (5186)4/28/2004 3:49:57 PM
From: microhoogle!  Respond to of 116555
 
We are talking huge changes for this to happen.

Infrastructure - This cannot happen overnight to sustain 6% growth in GDP. For the population density in India, it will be difficult to invest in conventional infrastructure to QUICKLY yield the benefits. For eg. to widen the existing roads, you will have to demolish all the shops that in many cases hug the pavement, remove the slums which too hug the pavement, find new land for displaced people etc. So the logistics are not that simple. India got luckly in non conventional infrastructure (read modern infra - includes Telecom, Internet, Wireless etc as it decided to invest these in early in the game)

Poverty - Yes, the going is extremely good for many graduates. However for every graduate there are 2 to 3 times more number of extremely poor people who will be drag in economy. This needs to be addressed simultaneously

AIDS - While it is not high density of incidents, but India needs to be proactive in this area. Right now it is projected to be a drag on economy as well

Communal Harmony and Pakistan - Things have been relatively quiet recently, but any change could have substantially negative impact.

And Many more...