INDIA: THE ECONOMIC GIANT OF THE MOVE
With a huge human capital, India could easily turn its economic challenges into opportunities if the institutions of the government of India overcome hurdles such as corruption. ** By Atique Naqvi, aka Syed Atique Hussain, Boston, United States India will be among the top 3 economic powers within the next 10-15 years. India Gate in New Delhi. Corruption continues to be the biggest hurdle in India’s economic growth, say senior business executives surveyed by the World Economic Forum in 2017. The business-friendly government in New Delhi has taken several measures in the past few months to boost the growth of the seventh largest economy in the world, but small businesses are yet to recover from measures such as demonetization and the introduction of unified Goods and Services Tax (GST). With 1.34 billion people, the country is on the move. A recent World Economic Forum report says globally India sits between France and Italy. “Its GDP growth recently dipped to 5.7%; s...