India's Five Turning Points
BW Businessworld|April 06, 2024
INDIA IN 1947 was not expected by many to survive as an independent nation. The departing British thought it would fragment along ethnic, linguistic and regional lines. The more benign Americans believed democracy in an impoverished country would be hard to sustain.
MINHAZ MERCHANT
India's Five Turning Points

Over seven decades after independence from the British Empire which drained India’s wealth while enriching Britain’s, India hasn’t just survived. It has thrived. Despite poverty – though diminishing – and despite inequality – though reducing – India has defied the world’s predictions.

In the arc from the Middle East to Southeast Asia, India’s robust democracy stands out. Since Independence though, India has experienced at least five major turning points that have helped it negotiate road blocks along the way and brought it to the brink of becoming the world’s third largest economy. Had India stumbled at these five forks on the road, the journey would have been more fraught.

First Turning Point: Through the 1950s, Prime Minister Jawaharlal Nehru based his foreign policy on nurturing friendly relations with China. Despite China’s forcible annexation of Tibet in 1950-51 that created for the first time in history a border between the two Himalayan nations, Nehru continued to appease China.

In an act of extraordinary generosity, Nehru lobbied to give China a permanent vetocarrying seat in the United Nations Security Council (UNSC), waiving any right India might have had. The India-China entente cordiale ended in 1959 when Nehru – rightly – gave the Dalai Lama sanctuary in Dharamsala. Beijing (then known as Peking) was furious. It regarded, and still does, the Dalai Lama as a dangerous separatist, fuelling the “free Tibet” movement.

This story is from the April 06, 2024 edition of BW Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the April 06, 2024 edition of BW Businessworld.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BW BUSINESSWORLDView All
The Astrology Cryptocurrency Of In New Financial Year
BW Businessworld

The Astrology Cryptocurrency Of In New Financial Year

Whether you're a seasoned investment enthusiast or just starting out on your financial journey, Vedic astrology can be beneficial, especially in markets as volatile as the crypto sphere

time-read
3 mins  |
April 20, 2024
KRISHNA CONSCIOUSNESS
BW Businessworld

KRISHNA CONSCIOUSNESS

The reader can almost feel that the mortal journey of Krishna has ended, yet Krishna Consciousness has manifested again as Keshav. Krishna-the Seventh Sense reveals the continuity of existence, notwithstanding the limitation of the one who exists. This book is a treasure

time-read
1 min  |
April 20, 2024
Recreating The Maruti Moment In EVs
BW Businessworld

Recreating The Maruti Moment In EVs

SAJJAN JINDAL on the joint venture with MG Motor, electric mobility, charging infrastructure and more

time-read
2 mins  |
April 20, 2024
Sustainable Models of Support for Women Entrepreneurs in India
BW Businessworld

Sustainable Models of Support for Women Entrepreneurs in India

Personal one-on-one mentorship is a key intervention that is most required amongst MSMEs and young startup founders today

time-read
1 min  |
April 20, 2024
ELEVATED ROAD TO SUCCESS
BW Businessworld

ELEVATED ROAD TO SUCCESS

Honda Cars India is exporting 'Made in India' cars back to Japan showcasing India as a strong manufacturing hub for Honda sedans and SUVs. What is its game plan?

time-read
4 mins  |
April 20, 2024
HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS
BW Businessworld

HOW HINDUJA GROUP'S BID TO ACQUIRE RELIANCE CAPITAL VIOLATES INDIA'S FDI, INSURANCE NORMS

The bid structure has come into question with the insurance regulator pointing out that it not just allows Hinduja Group-backed foreign entities to own 100 per cent in Reliance Capital’s insurance business but also lets them bid on borrowed money in total disregard of Indian laws and norms

time-read
8 mins  |
April 20, 2024
Taking Astrology To The Masses
BW Businessworld

Taking Astrology To The Masses

Driven by profound fascination and belief in the cosmic intricacies, Rajeev Bhandari, Founder, AstroSagga is on a mission to offer affordable courses to fuel employment in astrology sector

time-read
2 mins  |
April 20, 2024
"My Mission Is To Make Temples Across India Better"
BW Businessworld

"My Mission Is To Make Temples Across India Better"

Sharad Kamath, Founder and CEO, 3ioNetra identified the need fora comprehensive software solution to address the complex billing and accounting needs of temples based on his experiences as avolunteer and organiser at religious functions

time-read
2 mins  |
April 20, 2024
A Conduit Between Spiritual and Tech Realms
BW Businessworld

A Conduit Between Spiritual and Tech Realms

In November 2023, Vama secured a Seed Plus round led by Wavemaker Partners, bringing its total funding to USS 2.8 million

time-read
2 mins  |
April 20, 2024
"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"
BW Businessworld

"AI Will Catalyse Hockey Stick Growth Of Astro Sector In India"

The current faithtech landscape in India leans heavily towards entertainment, says Punit Pandey, Founder, AstroSage and believes the key lies in shifting the revenue model from entertainment to trust

time-read
1 min  |
April 20, 2024