The US intelligence report says India will be the world’s fastest growing economy in the next five years. This is probably the best forecast that money can buy, given the resources that American intelligence agencies command. More worryingly, it says that Pakistan, unable to compete in economic growth with India, will increasingly turn to “asymmetric means”. Also, the report says that India’s will be the fastest growing economy in the world in the next five years; so that alone should support investment in this country. Its message is that the world is now a more uncertain and dangerous place, which makes pursuing the right policies all the more important.
Source: Mint February 20, 2017 21:44 UTC