India plans to leave China behind and adopt growth models of America and Japan
Sudhir Chadda
Mar. 8, 2006

Indian Prime Minister and Finance Ministers have decided to take the country forward to the next level with shrewd strategies. The strategies will include free trade and very well managed equity, bond and currency markets. The model will be a replica of Japan and American financial systems.

According to international think tanks this will take India way ahead of China, Russia and Brazil – the emerging countries of the world. One of the biggest advantages of India is its noisy but solid democracy. Every Indian is proud of the same. The recent good will visit of US President Bush has provided the required confidence for the Indian leaders. The recent nuclear deal was possible because of fantastic statesmanship of US President George Bush. That has made the communists and socialists in India quiet. It has provided added popularity for the Congress party led UPA coalition Government of Manmohan Singh.

India is planning big. Transparent financial markets, free trade, protection of intellectual property matters and above all innovation will be in real focus in coming years. Education, research and development and improvement of the rural sector will dominate the Government's agenda. All this is possible because of the vibrant democracy of India. Just like green revolution in early seventies, India is leading the emerging communication and innovation revolution of the world.

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