India is fast developing country with some unique characteristics. Describing all this in a New York Times article, Pankaj Mishra details the real picture inside from India as well as outside from India. Let us see the story of New India
India is emerging as one of the biggest economy in the world. About 380 million Indians still live on less than a dollar a day.
Indian born London based Lakshmi Mittal has finally succeeded in its hostile takeover of Arcelor. The Economic Times gave title of the story as ‘The Global Indian takeover’.
2.5 million Indian children die annually, accounting for one out of every five-child deaths worldwide. The government report says that about 100,000 farmers committed suicide between 1993 and 2003 in villages of the poverty.
This is the poor aroma of India. Pankaj Mishra under his article ‘The Myth of New India‘, has presented the success story of Indian capitalists on Indian soil and on the soil of foreign countries.
The best example of ‘how tough it is to understand India’ is to see the roaring success story of Indian capitalist class at one hand, and on the other hand, Communist parties decisively won elections to state legislatures.
Let’s see the story of stock market that had enjoyed record growth in the last two years, fell about twenty percent in just two weeks by swabbing out $2.4 billion in investor wealth in just four days.
Moreover, Indian economy has shown the strength of its roots during the one of the biggest down fall that most of Indian could not even smell.
India has started enjoying the upper hand from the US because of powerful Indo-American Lobby that worked hard after cold war era. However, this is not all about that we should be happy for.
‘India Everywhere’ was the well-discussed slogan of the Indian business leaders at the World Economic Forum in Davos, Switzerland, this year. But in Indian villages, where the India lives in its real sense, lack even the basic infrastructures and minimum needs for living.
On the one side, the problems of Maoist activities are rising in various parts of India, but on the other hand, legislative elections in Some states has shown the world that how strong India’s democratic root is.
This is India, tough to understand but easy to love that attracts people of other countries.
One more thing: it is amazing that Indian writers can write great stuff about this crazy country. Where are our homeland pen-heroes who can see the real picture?
