Pitfalls and roadblocks for 'The Rising'

Some of us in this "Flattened" world need a very very long ladder to climb up. A more realistic view of India's "rising" by Pranab Bardhan in YaleGlobal Online.
Snippet from the article

• The total number of workers in all possible forms of IT-related jobs in India comes to less than a million workers – one-quarter of one percent of the Indian labor force.


• India is as yet a minor player in world trade, contributing less than one percent of world exports.


• No safety net exists for the poor against the major disruptions and hardships of restructuring


• Slow processes of democracy in India