One World

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa

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From Hyderabad, India: CNN-IBN, a joint venture between the Atlanta, US-based Cable News Network (CNN) and the Indian Broadcasting Network (IBN) is covering the issue of India’s economic times: how to raise consumption in the world’s largest democracy of 1.1 billion people and expected to be the most populous country on the planet by 2050.

After all, consumption constitutes the largest percentage of the gross domestic product (GDP) of the world’s largest economies, and India needs to squarely fit among them, but with a twist: Indians should expect a better life as anyone else among the world’s Big 5 economies of which India is fifth (both China and India will not be among the Big 5 economies if only countries with floating freely traded currencies are considered as the benchmark for economic structure), consuming from disposable income with some to save rather…

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About Chandrashekar (Chandra) Tamirisa
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