This is the moment when we must build on the wealth that open markets have created share its benefits more equitably. – Barack Obama

By India’s independence centennial 2047, India’s 100 years of independence will have been characterised by three tipping point eras bound by four tipping point years: 1947, the year of independence from Britain; 1991, the year that launched breakthrough economic reforms; 2007, the year that marked the end of the tenth five-year plan and the beginning of the eleventh five-year plan; and 2047, the independence centennial year (Table 1.1). Of these milestone years, the 2007 tipping point and beyond is the least documented.

Table 1.1

Modern India’s 100-year journey is consistent with the growth of ...

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