iNM Volume 8 | Page 16

INM MAGAZINE VOLUME 8 | FEBRUARY 2016 #Perspective CAN INDIA BECOME A DEVELOPED COUNTRY OR SHOULD IT? Somesh Chowdhury PGP 2015-2017 IIM Shillong T he question that I am about to address is indeed riveting and to a large extent subjective which is what makes it an area of perpetual debate. There lies a non-exhaustive list of issues to be discussed and hence I shall humbly try to put forward a perspective factoring in some selected dominant few. India has been in a developing state of transition for quite some time now and it goes without saying that it has somewhat been able to catch the attention globally as the jury remains divided as to whether it would be able to make it to the so called desirable state of being called a developed nation. Being perceived as the fastest growing emerging economy (although the verity of the numbers behind the verdict remains under question), India has certainly raised the expectations of where it can take itself in the near futu