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The Incredible Opportunity for India

In the last half century, India's economy has been on a rollercoaster ride, with the turning point of economic liberalization taking off in 1991, and now 25 years later, India again stands at the top of the ride, slowly but surely continuing to climb up the next massive hill. As India propels forward, at times, the changes are imperceptible to the untrained eye. According to Arvind Panagariya, former Director and Chief Economist at the Asian Development Bank, "India's reforms have been piecemeal and incremental, giving the casual observer the impression that nothing has been happening.
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