Groundbreaking changes

If a country would put its economy as an integrated piece of the world system, it would benefit from that with economic growth. – Jeffrey Sachs

India’s growth story doesn’t have a history of more than 25 years. My father put in an application for a new telephone connection and waited patiently for 8 years to be connected. That was in 1989. Today, in most places it takes barely 80 minutes or perhaps a day to have a telephone connected. Sometimes you are issued a phone over the counter. This sums up the pace of change and transformation that India has undergone during the past 20 years. I call it the 8x80 change. The extent of tangible and visible change may vary from place to place, department to department, segment ...

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