In India there are a large proportion of people who have not seen significant change in their lifetime.
The gap has only widened in the immediate years. In 1980, China and India were comparable on data.
In the last five years we have seen a sea change in IT and telecoms infrastructure.
There is no optimism there, ... realistic.
We are creating an exclusive growth environment that benefits some people but not the poor. While there is some multiplier effect, the pace is still slow.
I see difficulties in India overtaking China. It's difficult to see what time it will overtake China.
We need to make a change in as many people's lives as possible in their lifetime.
There is a structural problem in the rural economy and a structural problem in the urban economy, that's really the story, ... It's really coincidental that everything has gone bad at one time.
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