A growth story gone wrong

During a panel discussion on India’s current macroeconomic outlook at a prominent B-school, a panel member asked the bright young students: “What is the India of your dreams?” Almost all them said they wanted India to be an economic superpower, less affected by external shocks (the link between the anticipated tapering of QE 3 and the rupee), and with a proactive leadership at the helm to drive the country to the next level.

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