The 21st century is India’s century
Speaking at a discussion on his book India’s Century at Asia Society in New York on Thursday, the Commerce and Industry Minister Kamal Nath said that the 21st century is going to be India’s, not China’s, because it is the fastest growing free market economy,.
Kamal Nath said that the form of government in India was better compared to the controlled system in China. He also pointed out that economic reforms in India were only 17 years old while the reform process in China began three decades ago. Among other factors that would help India, Nath said, were its vast English speaking population and its ability to produce entrepreneurs.