1. INDIA AT A CROSSROADS.
- Author
-
SMITH, PATRICIA, Polgreen, Lydia, Bajaj, Vikas, and Yardley, Jim
- Subjects
ECONOMIC development ,MILLIONAIRES ,OFFSHORE oil well drilling ,FOREIGN investments - Abstract
The article discusses the economic progress in India. It relates the story of Ashok Khade, who made his way from an untouchable to a millionaire after establishing an offshore oil-rig engineering company. In 1991, the government opened India to foreign investment and adopted other free-market practices, which led to economic growth. Analysts predict that India will have 12% of the world's college graduates by 2020.
- Published
- 2013