{"id":6006,"date":"2012-09-15T12:00:32","date_gmt":"2012-09-15T16:00:32","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=6006"},"modified":"2012-09-15T09:53:28","modified_gmt":"2012-09-15T13:53:28","slug":"whatever-happened-to-india","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2012\/whatever-happened-to-india\/","title":{"rendered":"Whatever Happened To India?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/09\/091512_1350_WhateverHap1.jpg\" alt=\"\" width=\"640\" height=\"399\" \/><\/p>\n<p>India&#8217;s growth rate has dropped from 8.1% a year between 2004 and 2011 to around 5.5% so far this year. What happened? Peter Passell answered:<\/p>\n<ul>\n<li>India had a short burst of reforms during crisis in the 90s, but since then interest groups in the democracy have blocked the progress of reforms.<\/li>\n<li>India&#8217;s labour laws make it almost impossible to fire a worker once they are hired. Businesses are sending operations to countries where they don&#8217;t have to deal with this problem.<\/li>\n<li>India has four times the population of the United States but only one third the land mass. There isn&#8217;t enough space to build things like factories.<\/li>\n<li>India&#8217;s infrastructure is under developed. Roads are congested and power cuts are frequent.<\/li>\n<\/ul>\n<p>Passell explores many more issues including how growth affected income inequality and what the country&#8217;s future holds for it. Find the article over <a href=\"http:\/\/www.foreignpolicy.com\/articles\/2012\/09\/11\/india_meet_icarus?page=full\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.foreignpolicy.com\/articles\/2012\/09\/11\/india_meet_icarus?page=full\">Foreign Policy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s growth rate has dropped from 8.1% a year between 2004 and 2011 to around 5.5% so far this year. What happened? Peter Passell answered: India had a short burst of reforms during crisis in the 90s, but since then interest groups in the democracy have blocked the progress of reforms. India&#8217;s labour laws make [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/09\/091512_1350_WhateverHap1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=6006"}],"version-history":[{"count":4,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6006\/revisions"}],"predecessor-version":[{"id":6010,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6006\/revisions\/6010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/6005"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=6006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=6006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=6006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}