the posture of india＇s rise

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1、ThePostureofIndia＇sRiseThePostureofIndia,SlseMaJialIndia,alargedevelopingcountrywithapopulationof1.1billion,●hasexperiencedrobusteconomicgrowthinrecentyearS.Asitse—conomicpowersteadilybuilds,itsmilitarymight,diplomatictheac—tivitiesandevenitsculturalinfluenceareexpanding,resultinginitsst

2、rategicrise.TheinternationalcommunityuniversallybelievesthatIndiahassetfootonthepathtobecomeamajorpower.RobustEconomicGrowthLeavingbehindaperiodofslowtomoderateeconomicgrowth,Indiahasembarkedonamoderatetorapidgrowthplatformsincethe1990s.Itsannualgrowthraterosefrom5.5%inthe1980sto6.1%inth

3、e1990s.Sinceenteringthe21stcentury.Indiahasobviouslyspeededupitseconomicgrowth.Itsgrowthratereached8.5%and7.5%respectivelyinthe2003.2004and2OO4—2005financialyears,andachieved8.1%inthefirsthalfofthe2005.2006financialyear.RapidgrowthforthreeconsecutiveyearsindicatesthatIndiahasal—readymove

4、dintoacycleofsustainableandhigh—speedgrowth.IndiahasachievedremarkablesuccessinitsefforttoreforIiland0penup.TheIndiangovernmenthasmadesustainedeffortstodeepenandquickentherefotinsinrecentyears.Inthetelecommunicationin—dustryasprescribedbythegovernment,nospecialauthorizationiSneededforpro

5、jectswithforeigninvestmentratiounder49%.andthoseunder74%arealsoencouraged.Intherealestateindustry,theIndiangovernmentraisedtheupperlimitforforeigninvestmentto$10millioninMarch2005.Inspiteofobstacles,Indiaisstilltrying13topnvatlzepublicenterprisesandairports.ItalsofollowedChinaandestablis

6、hedelevenspecialeconomiczones,whichc0uldenj'0vprefer-entialpoliciesinobtainingcreditloansandreducedtaxes.Mean—while,theManmohanSinghadministration,drawingless0nsfromthetormergovernmentthatscoredeconomicsuccessbutlosttheelection.triestostrikebalancebetweenrapidgrowthandsocialequality.tak—

7、mgtheinterestsofthepoorintoconsideration.Ithasadopteda"hu—manized"reform,bringingbenefitsofeconomicgrowthto0rdinarypeoplewhileavoidinganysocialturmoilorpoliticalcrisis.Indiahasachievedgreatsuccessesinitsefforttodrawforeigncapita1.In2002,Indiaonlycame15thintheworldasmeasur