India is not a Super Power and should not even try to Become: Saumitra Chaudhuri

Saumitra-ChaudhuriSaumitra Chaudhuri former member of the Planning commission observed that India is not a super power and should not even try to become one. He was speaking at CC Desai Memorial Lecture on “Grasping the future-The Challenge of Capturing India’s Potential”. He added saying that striving for a better future to defend yourself, be a responsible partner in neighborhood, to earn respect and influence is a far cry in the super power business.
The year 1991 is water shed in the country’s history ending over valuation of rupee with reducing import tariffs and disbanding industrial licensing. This move let the GDP to grow at higher rate. Foreign aid did not help for decades since it lead to dependence and also resulted in “White Man’s Burden’ in
the form of development industry in academics and consulting which was hosted by Bretton Wood twins the World bank and IMF included with several of their clones.

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