Chapter 2

1 ‘Push for Power Reforms’, Tribune News Service, 26 February 2005,

2 ‘Sectoral Real Growth Rates of GDP (at factor cost)’, Economic Survey, 2004-05, Government of India, General Review, p. 3.

3 Planning Commission, 2007.

4 Shankar Acharya, ‘Governance and Health’, Business Standard, 30 August 2007. Article available on this link-

5 Jean Drèze and Amartya Sen, ‘India and China’ in India: Economic Development and Social Opportunity, New Delhi: Oxford University Press, 1995.

6 Calculated using CAGR formula A = P{(1 + R)ΛN}.

7 Source: Ministry of Finance, Economic & Functional Classification of the Central Government Budget—various issues.

8 Source: ...

Get Chasing the Dragon: Will India Catch Up with China? now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.