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Article: INDIA: INDIA CAN USE DIVERSITY, DEMOCRACY TO MITIGATE RISKS TO GROWTH.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 27, 2006
CopyrightCOPYRIGHT 2006 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A range of imposing hurdles lie along India's path to development, including the need to transform its swelling population of young people into a skilled pool of labour and to prevent the scourge of AIDS from sapping their productivity. Increasingly, scarce water is perhaps India's most serious challenge of all. Yet, the very diversity of the Indian nation and the vigour of its democracy are potential wellsprings of the innovation needed to mitigate these risks and turn India into a world leader in solving such problems. "Every risk is an opportunity for innovation and change," said Palaniappan Chidambaram, Minister of Finance of India, addressing the opening plenary of ...
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