Outlook | 26 August 2006

When I heard two weeks ago that one Sanjay Singal, chairman of Bhushan Power and Steel, had bought a one acre plot on 4 Amrita Shergill Marg in New Delhi for Rs 137 crores, I wanted to rush up to him and say to him, 'Now that you have one of India's most prized properties, do select a great architect to build your home. For god's sake, let's not have another cut-and-paste job. Your building ought to symbolise the rise of a new age in India after the reforms, and millions will remember you for having captured a great moment in our history.' For good architecture has the amazing ability to represent the life of the times in our imagination.

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Outlook | 16 August 2006

When I heard two weeks ago that one Sanjay Singal, chairman of Bhushan Power and Steel, had bought a one acre plot on 4 Amrita Shergill Marg in New Delhi for Rs 137 crores, I wanted to rush up to him and say to him, 'Now that you have one of India's most prized properties, do select a great architect to build your home. For god's sake, let's not have another cut-and-paste job. Your building ought to symbolise the rise of a new age in India after the reforms, and millions will remember you for having captured a great moment in our history.' For good architecture has the amazing ability to represent the life of the times in our imagination.This issue of Outlook is about the way “the world looks at India”, and one of the most potent ones is visual memory. A great nation or city is defined by its buildings. We remember Paris not only by the Eiffel Tower, but by the wonderful boulevard buildings of Baron Haussmann. We think of New York by the Empire State and the Chrysler buildings (although my favourite is Mies' Seagrams building). Sydney has its exciting Opera House. Although Seattle's signature is the Space Needle, etched in my memory is Rem Koolhaas' public library. There is even a city which was 'created' by a building— Frank Gehry's Guggenheim Museum is rightly called the 'miracle of Bilbao', which put this unknown city in northeast Spain on the world map. These visuals symbols are not just symbols of man's quest for beauty, they also reflect the spirit of an age.

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Outlook | 16 August 2006

A resident of Vadapalani Road in Chennai wrote to me last year to say, “Our street used to be one big garbage dump. The bin outside our home was always overflowing because the corporation van did not often show up. My neighbour in frustration used to set the garbage on fire, but the smoke irritated my asthma and I would douse it with water. So, we began to quarrel and we fought all the time.

 

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Foreign Affairs | 11 July 2006

AN ECONOMY UNSHACKLED

Although the world has just discovered it, India's economic success is far from new. After three postindependence decades of meager progress, the country's economy grew at 6 percent a year from 1980 to 2002 and at 7.5 percent a year from 2002 to 2006 -- making it one of the world's best-performing economies for a quarter century. In the past two decades, the size of the middle class has quadrupled (to almost 250 million people), and 1 percent of the country's poor have crossed the poverty line every year. At the same time, population growth has slowed from the historic rate of 2.2 percent a year to 1.7 percent today -- meaning that growth has brought large per capita income gains, from $1,178 to $3,051 (in terms of purchasing-power parity) since 1980. India is now the world's fourth-largest economy. Soon it will surpass Japan to become the third-largest.

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Newsweek Magazine | 11 March 2006

Two weeks ago I got a call from the board member of one of the world's largest consulting companies, who invited me to come and speak to them about why so many Indians were making it in the global knowledge economy. My distinguished caller spoke about innovations emerging from General Electric and Microsoft's R&D centers in Bangalore; advanced avionics installed by India's Air Force on Russian fighter aircraft that had caught the U.S. defense establishment's attention; sophisticated research on global capital markets outsourced by Wall Street to India; finally, he rattled off a dozen Indian leaders' names in global multinational corporations.

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The recent controversy over Islamic cartoons in Europe is once again testing the boundaries of religious tolerance. Most Hindus, of course, believe that they are tolerant and trace their broadmindedness to their many gods. Some even insistently ask: how did our tolerant pluralism turn into the intolerance of Hindutva? Wendy Doniger's perceptive essay may not answer that question but it does point us in the right direction; it teaches that Hindu pluralism is complex, layered and there may not be a direct connection between intellectual and social pluralism.

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Gurdian Online | 11 April 2005

Pankaj Mishra is always entertaining. His elegant tirade against the “neo-oriental discourse” of the “business lounge class”, however, doesn't help very much to further one's understanding of the great puzzle of our times—why, in fact, are China and India rising economically, and so rapidly? The reasons are very different for the two countries, and I shall try to grapple with the case of India.

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Yale Global Online | 29 March 2005

Two reports appeared recently in my newspaper and they left me bewildered. The first said that the Karnataka government has still not decided to rescind its ban on English in primary schools despite huge popular pressure from parents. In the second report, a Karnataka minister, after a busy visit to China, announced, 'Members of the Standing Committee of the Jiangsu Provincial People's Congress wanted the help of the Karnataka government in teaching English in its primary schools'. This was in pursuit of its objective to make every Chinese literate in English by the 2008 Olympics. The contrast between the ambivalence of India and the certainty of China is always instructive.

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Time Magazine | 07 December 2004

India's rich are doing well, and good for them--but the growing middle class in the real story  

There will always be rich people and poor, but a good society Aristotle says, is the one “where the middle class is in control and outnumbers both the other classes." Yes, India has its share of billionaires, and a quarter of its people are poor, but the most striking characteristic of today's India is the explosive growth in the middle class.

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Outlook | 13 July 2004

It is no use pretending. While the last general election brought some good news--especially, a well deserved slap to Narendra Modi's fascist face—it also brought bad news. The hugely positive global sentiment in favour of India that had prevailed until mid May has received a setback. The clearest example is the dramatic slowdown in the growth in the nation's reserves. Until the week ended May 7, reserves had been growing at the rate of US $750 million a week. This accretion to reserves had diminished to less than US $100 million a week. The rupee has also reversed its appreciating trend. Although this may, in fact, be good for exports, but the currency trend combined with the stock market crash demonstrates that sentiment has changed, and if this is not reversed quickly it will hurt new private investment in the economy, and longer term growth, competitiveness, and jobs.    

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