This is from The Intersection column that appears every other Monday in Mint. As we come to the end of the year I want to draw attention to a debate that ought to have received greater attention. In August, Indermit Gill, the World Bank’s chief economist shocked everyone by arguing that on current trends it would take India 75 years to achieve achieve a quarter of the United States’ per capita GDP. China would achieve this in ten. Gill called for a new approach and structural reforms for ...
