Wednesday, June 20, 2012

China: better than India?

Many of us be it lay people, businessmen, economists and policymakers always try to draw parallels between India and China and try to project which will be economic Power by 2025 or 2050. However the article that I read about China was an eyeopener. It has reinforced the advantages of having Democracy in India. Though there are some benefits in the political situation that China has, the social impacts (like the one mentioned in this article) are far grave than Economic and Monetary benefits especially from Common Man's perspective.
Link to the article:
http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/with-an-annual-package-of-rs-49-crore-genpacts-tiger-tyagarajan-is-the-lion-of-salary-circuit/articleshow/14280131.cms

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