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India: the next superpower?: globalisation, society and inequalities

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Paradoxical judgments are intrinsic to the idea of development. India, the second fastest growing economy in the world, is also known for the vast majority of people living in acute poverty and impoverishment. Despite the fact that India’s neo-liberal economy is backed by experts in global economy and its model of development has indeed reduced economic inequalities, India is still home to more poor people than the whole of Sub-Saharan Africa (455 Million in 2005). However, poverty measurements are not the sole criterion to understand the hurdles which restrict inclusive development1. On most of the other social indicators, multiple forms of inequalities still persist. For example, more than one third of women are anemic in India, 42 percent of children are malnourished and the share of Scheduled Castes/Scheduled Tribes and Religious Minorities in formal and informal sector employments is very low. In the light of such stark facts, the hope that India will emerge as an economic superpower in 2025 appears to be a distant dream.

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en

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application/pdf

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http://eprints.lse.ac.uk/43447/1/India_globalisation%2C%20society%20and%20inequalities%28lsero%29.pdf

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