India Rising

May 2007 • Volume 1, Issue 5
Is India ready to become a world power?
By Ken Moritsugu

Introduction

A Sikh worshipper at the Golden Temple in Amritsar prays during a festival marking the end of winter. Rapid economic growth is turning India into a world power, but it remains a land of myriad ancient customs.  (AFP/Getty Images/Narinder Nanu)
A Sikh worshipper at the Golden Temple in Amritsar prays during a festival marking the end of winter. Rapid economic growth is turning India into a world power, but it remains a land of myriad ancient customs. (AFP/Getty Images/Narinder Nanu)

India's stars appear to have aligned. Four consecutive years of impressive growth have silenced doubts about the sustainability of India's economic boom, and its rising international stature is reflected in a recent historic deal with the United States, giving India access to nuclear power technology without having to relinquish its nuclear weapons. Experts say if India stays on its current path it could be a global power by mid-century. Yet, India remains exceedingly poor. Per capita income is less than half of China's, and a quarter of the more than 1 billion Indians live below the poverty line. Government pledges to extend the benefits of growth to all are hampered by corruption and red tape. So, while the world's second-most populous country and largest democracy is headed in the right direction, it still has a long way to go.

ISSUE TRACKER for Related Reports
India
May 2007  India Rising
Apr. 19, 2002  Emerging India
Jun. 11, 1976  India Under Authoritarian Rule
Feb. 17, 1971  India 1971: Strained Democracy
Jan. 18, 1967  India's Election and Economic Prospects
Nov. 03, 1965  Kashmir Question
Oct. 24, 1962  India-China Border War
Jan. 31, 1962  India's Election and Political Progress
Oct. 21, 1959  India, China, Tibet
Apr. 29, 1959  India's Hard Years
Apr. 30, 1958  Kashmir Conflict
Jun. 10, 1954  Neutral India
Jul. 18, 1951  Relations with India
Mar. 13, 1946  Freedom for India
Nov. 24, 1942  India and the War
Mar. 28, 1930  The Political Crisis in India
BROWSE RELATED TOPICS:
Regional Political Affairs: Middle East and South Asia