I want a essay on India is full of opportunities and challenges. what are they and how can u contribute to a new India. during the next ten years ?
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As the world's largest democracy prepares to go to the polls, we've invited five people from India, the US and the UK who have expertise on economics, women's rights, youth movements, disability rights and urban development to answer the question: "Do you perceive India to be a developing country?"
Jayati Ghosh, professor of economics at Jawaharlal Nehru University, New Delhi
The development project in India is nowhere near complete – indeed it has barely begun. It is still a poor country: per capita income iremains below $2,000 (£1,206) at actual exchange rates, and there is still widespread destitution. Development is supposed to involve job creation, with more workers in formal employment in large units, but that has not happened.
Manufacturing still counts for less than one-fifth of both output and employment. More than half of all workers languish in low productivity agriculture, while another quarter or so are in low grade services. About 95% of all workers are in informal employment, and roughly half are self-employed. What's more, the recognised and paid participation of women in working life has actually been declining in a period of rapid income growth.
Jayati Ghosh, professor of economics at Jawaharlal Nehru University, New Delhi
The development project in India is nowhere near complete – indeed it has barely begun. It is still a poor country: per capita income iremains below $2,000 (£1,206) at actual exchange rates, and there is still widespread destitution. Development is supposed to involve job creation, with more workers in formal employment in large units, but that has not happened.
Manufacturing still counts for less than one-fifth of both output and employment. More than half of all workers languish in low productivity agriculture, while another quarter or so are in low grade services. About 95% of all workers are in informal employment, and roughly half are self-employed. What's more, the recognised and paid participation of women in working life has actually been declining in a period of rapid income growth.
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