The Myth of the New India

teja | 07/07/2006, 04:57 hrs

Here is an article that i came across on the NewYork Times website. This article has been written by Pankaj Mishra..check it out!

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The Myth of the New India

INDIA is a roaring capitalist success story." So says the latest issue of Foreign Affairs; and last week many leading business executives and politicians in India celebrated as Lakshmi Mittal, the fifth richest man in the world, finally succeeded in his hostile takeover of the Luxembourgian steel company Arcelor. India's leading business newspaper, The Economic Times, summed up the general euphoria over the event in its regular feature, "The Global Indian Takeover": "For India, it is a harbinger of things to come

Current Mood: Embarrassed
Current Music: Yeh Jo Desh hein mera - Swades

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Responses to The Myth of the New India

  1. Most of this is true. The disparity between the rich and poor is growing. But most of us in urban India choose to be oblivious to it.

  2. You are right..being an indian it hurts reading this article..but it is what it is !

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