The world's largest democracy and second most populous country has emerged as a major power after centuries of colonial barbarianism which virtually bankrupt the country. After independence in 1947, India tried centralized planning and controlled economy. Government controlled quota regime which says what and how much has to be produced constrained the economic growth and investment. The economic reforms started in 1980's produced a burgeoning urban middle class and has made great strides in fields such as information technology. Its large, skilled workforce makes it a popular choice for international companies seeking to outsource work. India launches its own satellites and plans to send a spacecraft to the moon. India also boasts a massive cinema industry, the products of which are among the most widely-watched films in the world. As a country of over a billion people with one-third of the population under the age of 15 and median age just under 25 it has the best as...
An open discussion about past, present and future of Humanity.