ExpertDabbler

Ram Guha is a classy, no-nonsense writer.
Why Indian intellectuals and activists are hostile to the market
From Arundhati Roy to Ram Guha….looks like I am growing up.

According to Businessworld

India in 2010

• Passenger car production will move from 1.1 million cars of today to 2 million cars
• Two wheeler production will move from 7 million of today to 12 million
• Color television will move from 11 million of today to 20 million
• Outsourcing revenues will move from $23 billion of today to $60 billion
• Will have 500 million telephones
• Organized retail space will move from 20 million sqft to 60 million sqft

What it does not talk about in exactly glowing terms about India are.

Electricity
Ports - we need to double our port capacity in 4 years (Now, don’t laugh)
Infrastructure
Here’s an excerpt from a comment on Rajeev Srinivasan’s blog

During Diwali holidays this year, a friend wanted to tour northern Karnataka (Badami, Pattadkal, Hampi and Bijapur. He left his house in HSR Layout in a rickshaw with his wife and one year old daughter at 7 PM to catch the Hampi express ETD 8.15 PM. He reached the station at 12 midnight!!

And i am not even going to talk about healthcare, primary education, and corruption.

The government obviously has no plans on how its going to tackle the unprecedented urbanization in the next few years.

The ADB chief economist warns growth has to be more inclusive to be sustainable.

The Economist here warns that this boom might in the end be too hot an Indian curry to handle.

2010 is just 37 months away.

As an Indian, I dont know if i am witnessing a gorious era in the development of this country or a period of euphoria before large scale social unrest.

I am shit scared!

This entry was posted on Monday, November 27th, 2006 at 10:27 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.