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| ⚫ | The '''Indian Century''' is a term used to describe the growing power of ] in the ]. It has been claimed that various trends will make the 21st century an ].{{Fact|date=July 2008}} | ||
| India has been identified as an ]<ref>{{cite journal| url=http://www.twq.com/04winter/docs/04winter_perkovich.pdf| title=Is India a Major Power?|last=Perkovich|first=George|journal=The Washington Quarterly|issue=27.1 Winter ]-]|access=2007-12-13}}</ref> <ref>{{cite paper| author =Dilip Mohite| title =Swords and Ploughshares- India: The Fourth Great Power?| version =Vol. 7, No. 3| publisher =Arms Control, Disarmament, and International Security (ACDIS)| date =Spring ]| url =http://www.acdis.uiuc.edu/Research/S&Ps/1993-Sp/S&P_VII-3/great_power.html| format =HTML| accessdate = 2007-12-13}}</ref>. It is also often referred as South Asia's natural hegemon because of its overwhelming dominance of the region in all aspects – political, economic, military, cultural, and demographic. India contributes 77% of South Asia's population, 75% of its GDP, 77 percent of its territory, 80% of its defence budget, and 82% of its armed forces. India is the world's most populous democracy. It has the largest economy in the region, and has impressive GDP growth which sits today at 9.2%<ref></ref> According to political analyst C. Raja Mohan: | |||
| ⚫ | The '''Indian Century''' is a term used to describe the growing power of ] in the ]. | ||
| "India's omnidirectional engagement with the great powers has paid off handsomely. Never before has India had such expansive relations with all the major powers at the same time—a result not only of India's increasing weight in the ] and its growing power potential, but also of New Delhi's savvy and persistent diplomacy." <ref></ref> | |||
| ==Concept== | |||
| The concept of the Indian century is based on the capacity of India becoming the biggest economy of the ]. It has been claimed that various trends will make 21st an ]. However, this is based on the assumption that ] will become the third largest economy by 2007 on ] (see CIA World Factbook link below; only a couple of years ago estimated year for this crossing was 2020) and on international exchange rates by 2050. | |||
| == India == | |||
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| ! colspan="4" align="center" bgcolor="#CCCCFF"|''']''' | |||
| |- | |||
| | colspan="4" align="center"|] | |||
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| | colspan="4" align="center"|] | |||
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| ] have brought on India's IT revolution]] | |||
| '']'', and the '']'' join several academics in discussing ]'s potential of becoming a superpower.<ref>, Newsweek, Accessed March 11, 2007</ref><ref>, IHT, Accessed March 11, 2007</ref><ref>, YaleGlobal, Accessed March 11, 2007</ref> With 9.4% ] growth in 2007<ref></ref>, ] predicts that as 700 million Indians are expected to move to cities by 2050, the ]n economy may surpass the ]'s (in US$) by ].<ref name="rupee"></ref> | |||
| <blockquote>"India has moved onto a much faster growth trajectory than the bank had previously expected, fueled by strong and steady productivity gains in its legions of new factories, which are producing everything from brassieres to cars." <ref name ="rupee"/> | |||
| </blockquote> | |||
| India's strength lies in its ]; More than 50% of India's population is under 25.<ref name="rupee"/> Dr Narendra Jadhav, a principal advisor to the ] and a former advisor to the executive director at the ], says "India has a great potential to become an economic super power because of its growing young population."<ref></ref> A young population coupled with the ] ]-speaking population in the world could give India with a great advandage.<ref>, The Rise of India, ABC News</ref> | |||
| Founder and President of the Economic Strategy Institute and former counselor to the Secretary of Commerce in the Reagan Administration ] has embraced the notion being put forth that <blockquote>"It is going to be India's century. India is going to be the biggest economy in the world. It is going to be the biggest superpower of the 21st century".<ref>, Rediff India, Published March 29, 2006</ref></blockquote> | |||
| India rising to superpower status is not inevitable, according to scholars such as Professor Pranab Bardhan, Chief Editor of the ''Journal of Development Economics'', who suggest that millions mired in poverty and ineffective government prevent China or India from rivaling the U.S. or the E.U. any time soon.<ref>, YaleGlobal, Accessed March 11, 2007</ref> | |||
| With the largest defence budget in the region, India possesses nuclear weapons, intermediate-range ballistic missiles, and is the only South Asian country with an aircraft carrier. It has successfully developed a ], becoming only the fourth country to do so. In ], India became the fourth nation in the world to complete ] for Manned Space Mission, an indication of its recent scientific progress.<ref> ''Giant step in space as capsule returns''</ref> | |||
| ==References== | ==References== | ||
| {{reflist}} | {{reflist}} | ||
| ] | ] | ||
| ] | ] | ||
| ] | |||
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The Indian Century is a term used to describe the growing power of India in the 21st century. It has been claimed that various trends will make the 21st century an Asian Century.
India has been identified as an potential superpower . It is also often referred as South Asia's natural hegemon because of its overwhelming dominance of the region in all aspects – political, economic, military, cultural, and demographic. India contributes 77% of South Asia's population, 75% of its GDP, 77 percent of its territory, 80% of its defence budget, and 82% of its armed forces. India is the world's most populous democracy. It has the largest economy in the region, and has impressive GDP growth which sits today at 9.2% According to political analyst C. Raja Mohan: "India's omnidirectional engagement with the great powers has paid off handsomely. Never before has India had such expansive relations with all the major powers at the same time—a result not only of India's increasing weight in the global economy and its growing power potential, but also of New Delhi's savvy and persistent diplomacy."
With the largest defence budget in the region, India possesses nuclear weapons, intermediate-range ballistic missiles, and is the only South Asian country with an aircraft carrier. It has successfully developed a Ballistic Missile Defense system, becoming only the fourth country to do so. In 2007, India became the fourth nation in the world to complete atmospheric reentry for Manned Space Mission, an indication of its recent scientific progress.
References
- Perkovich, George. "Is India a Major Power?" (PDF). The Washington Quarterly (27.1 Winter 2003-04).
{{cite journal}}: Unknown parameter|access=ignored (|access-date=suggested) (help) - Dilip Mohite (Spring 1993). "Swords and Ploughshares- India: The Fourth Great Power?" (HTML). Vol. 7, No. 3. Arms Control, Disarmament, and International Security (ACDIS). Retrieved 2007-12-13.
{{cite journal}}: Check date values in:|date=(help); Cite journal requires|journal=(help) - India's Economic Growth Unexpectedly Quickens to 9.2%
- www.realclearpolitics.com
- Hindustan Times Giant step in space as capsule returns