India: Plan III

After a decade of forced feeding, the Indian economy last week was thumped and prodded, measured and weighed by the anxious experts who had put it together. Their verdict: the country, if far from prosperous, was never healthier. Thanks to $24 billion spent on two successive Five-Year Plans, industrial output has nearly doubled, farm production fattened by more than one-third, national income risen 42%; 100.000 new homes are spotted across the Indian landscape, and the life expectancy of the average Indian has been stretched out by five years. The number of universities has grown from 27 to 46. their...

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