India stands at crossroads on the 63rd Republic Day. The young demographic profile and buoyant economy provide opportunities for further growth. At the same time, there are challenges in the form of poverty, malnutrition, corruption and over-crowded cities. Two decades after the economic reforms, India stands chance of another transformation. The immense potential of the North-eastern states remains untapped. Tourism, promotion of handicrafts, tapping the hydropower potential, and improvement in surface, rail and air transport can help propel the development of the North-eastern region. The public health infrastructure needs an overhaul. Basic amenities remain a distant reality for most of the households of rural India. Better infrastructure could open opportunities to transform rural India into sustainable development zones. 2-tier and 3-tier cities can propel India's economic growth. Proper town and city planning is crucial to facilitate development while retaining the peace an...
World can be a much better place to live in...
William Petty, Adam Smith, Karl Marx, Alfred Marshall, John Maynard Keynes, Milton Friedman, Jan Tinbergen, Joseph Schumpeter, Daniel Kahneman, Vernon Smith, Amartya Sen, and economics continues to evolve...