It seems to be a national obsession in India: measuring the country’s economic development against China’s yardstick. At a recent panel discussion to commemorate the 20th anniversary of India’s dismantling parts of its socialist economy, a government minister told business leaders to keep their eye on the big prize: growing faster than China. “That’s not impossible,” said the minister, Palaniappan Chidambaram, who oversees national security and previously w...
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