MyCitySurat

Avinash D Persaud Column : After the end--> Fri, Jan 30 01:56 AM India is the future. I mean that in one positive way and one, slightly negative way. Let's be positive first. The 21st century will be the Indian century. In this century India will become the largest economy in the world (again) as well as the most populous with India's population likely to exceed China's and settle around 1.5 billion people. You think Mumbai traffic is bad now? Courtesy of the one child policy, China's population will grow old and stabilise around 1.2 billion. It is said that China will grow old before it grows rich. Indeed, being the most populous country is the main reason that India will have the largest economy—income per head will still be lower than in a great many places. Domestic economic power will bring, slowly, international power. The rupee has a good chance of being the world's reserve currency— unless the US follows a 'scorched earth' policy and allows a ch...