Is this India s finest hour
Below is a MRR and PLR article in category Business -> subcategory Other.
Is This India's Finest Hour?
Summary:
This month, traveling across India reveals a vivid contrast between evident poverty and the vibrant energy for change. India is on the brink of emerging as one of the world's most successful economies and positioning itself as a new global power.
Article Body:
Traveling through India this month unveils a striking contrast. Despite the evident poverty affecting many citizens, there's an undeniable energy for change in the air. In the coming decades, India is poised to become one of the world's leading economies, establishing itself as a global power.
The driving force behind this transformation is a booming economy, projected to grow over seven percent for the fourth consecutive year?"an achievement unmatched since India's independence in 1947.
Furthermore, India's ability to maintain democratic rule amid widespread poverty is remarkable. Prime Minister Manmohan Singh and his government are receiving accolades from international powers, each seeking to strengthen ties as India gains prominence on the world stage.
The motives behind these international gestures are clear. With China's economic rise potentially challenging U.S. hegemony, there's a strategic geopolitical interest in the U.S. fostering a strong relationship with India.
Historically, India leaned towards the Soviet Union during the Cold War, while its neighbor and rival, Pakistan, aligned with the U.S. amid the latter's conflict in Afghanistan. However, India has yet to firmly choose a side.
Looking ahead, the U.S. offers full cooperation on India’s civilian nuclear program despite India's absence from the Nuclear Non-Proliferation Treaty. This relationship may face challenges, particularly if India is required to distance itself from Iran amidst U.S. concerns over Iran's nuclear activities.
Aligning closely with the U.S. might impact India's participation in a proposed gas pipeline from Iran through Pakistan, which is crucial for securing its future energy needs. India's rapid economic acceleration highlights the disparity between its large population and limited natural resources. The pipeline also symbolizes a gesture of peace and cooperation with Pakistan. Ignoring this opportunity could hinder diplomatic relations with global powers, regardless of economic triumphs.
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