![]() Special Issue |
Not a superpower but an emerging power What makes a nation a
superpower? China, it is claimed, is on its way to becoming one. Stephen
Cohen describes India as an ‘emerging power’; not as a superpower,
not even as a great power, and, at best, an Asian power. It is Cohen’s
contention that India’s power is, as yet, in a nascent stage, says
M.V. Kamath. |
Hari
Jaisingh
|
What makes a nation a superpower? China, it is claimed, is on its way to becoming one. Stephen Cohen describes India as an ‘emerging power’; not as a superpower, not even as a great power, and, at best, an Asian power. It is Cohen’s contention that Indiapower is, as yet, in a nascent stage. In the last one decade, India has begun to grow fast. Census 2000 noted that in the decade 1990-2000, literacy figures rose from 52 per cent to 65 per cent. The biggest gains were reported from among the backward social groups and in the most backward states. India today has around 35 million cable television homes — more than all of Latin America put together. The number of telephones in the same period increased from 5 million in 1990 to more than 30 million by 2000. The Department of Telecommunications modernised its equipment and laid 76,000 km of fibre optic cable, which stands out as a substantial achievement. Gone is the paranoia over
foreign exchange. India’s foreign exchange reserves have risen from a
barely $ 1 billion to over $ 65 billion. More than a quarter billion
people have lifted themselves out of poverty between 1980 and 2000. The
average Indian lives twice as long in 2000 ( 63 years) as compared to
his life-span in 1947 (31 years). In the sphere of technology, India has
taken giant strides and is fast becoming the world’s number one in
software production. Bangalore is developing into the software capital
of the world. Infosys, started by six computer engineers at the
beginning of the 1990s, with a capital of Rs 10,000 was worth Rs 16,000
crore in February, 2000. It developed software for the best global
companies and its sales have grown at a steady pace of 40 per cent a
year for a full decade. With the gradual appreciation of its stock, more
than a hundred of its managers have become millionaires in dollar terms
and more than 400 managers have become crorepatis. As many as
10,000 professionals now work for Infosys — an indication of the
distance India has travelled in the space of just one decade. |