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From The Editor In Chief
The
horrific Gujarat earthquake cast a long shadow over the nation and its
economy. We continue our coverage of Gujarat by asking the hard questions:
What the Government was supposed to do and what it actually did in the
aftermath of the quake. Also, who is responsible for the collapse of high-rises
in Ahmedabad.
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Our
covers on the changing economy
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But as the
resilient and enterprising people of Gujarat begin the enormous task of
rebuilding their lives we bring to you a cover story which reflects the
more fundamental changes that have occurred in the Indian economy. It
is well-known that the services sector has grown tremendously in the last
decade, but it is not so well known that today it forms a larger segment
(52.4 per cent) than industry (22.1 per cent) and agriculture (25.5) combined.
In the 1990s, agriculture recorded negative growth three times and yet
the economy grew at 6 per cent or more because services grew at 8 per
cent or more. Further, there is a common belief that agriculture is the
largest employer. This is no longer true as services employ more than
50 per cent of the work force. These are the remarkable features of our
new economy, but these underlying changes are not well recognised or understood.
This is
the reason why we decided to bring you into the heart of the new economy
three weeks before the Budget. For this we put together a nationwide team
of editors and correspondents, commissioned an exclusive opinion poll
to reflect the mood of the key economy driver-the burgeoning middle-class
consumer-and invited columnists from India and abroad to share their views.
McKinsey worldwide head Rajat Gupta writes on how India should breed new
entrepreneurs, former finance minister P. Chidambaram comments on the
role of government in the new economy, while industrialist Anand Mahindra
offers a new definition of Indian industry. "The overall impression
is of great dynamism, qualitative change and greater choice," says
Associate Editor Rohit Saran, who conceptualised and executed the package
with a core team of Special Correspondents Malini Goyal and Namita Bhandare.
"If the government doesn't facilitate this growth, India could slip
back to the moribund '70s." The Budget will be a good time to send
out the right signals.
(Aroon
Purie)
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METRO TODAY |
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 Web
Exclusives |
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Who says Indian theatre is dying? Playwrights--both
veteran and budding--in the country had a chance to interact with those
from the Royal Court Theatre, London, at its first residency workshop
in Bangalore recently.
It was a fortnight
of enrichment, concludes Principal Correspondent Stephen David
in Despatches.
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INTERVIEWS
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"I was
very much against the idea of India," says William Dalrymple, author,
The City of Djinns: A Year in Delhi. In conversation with INDIA TODAY's
Sonia Faleiro, he talks about his old girlfriend, Delhi and his
"enormously exciting" next book, The White Moghuls in
Interviews.
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