Stage set for development
A long journey since impoverishment at the hands of the British, the Indian economy is now escalating to further heights.
India, which accounted for 23 per cent of World GDP in the 18th century, became impoverished during nearly two centuries of British colonial rule. But it has come a long way since Independence in 1947 to become a major emerging economy and the World's largest democracy. As the nation celebrates its 70th year of Independence, India can be proud of its achievements, thanks to its visionary leaders.