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April 2007

As India’s growth rate closes in on China’s, Delhi is looking to the Beijing model for ideas on how to maintain the pace and spread the wealth

A four-hour road trip from Delhi to Agra, the home of the Taj Mahal, offers a crash course in economic disparity. It's not that India's capital is a beacon of conspicuous wealth, it's just that the rural population has clearly been sidelined from the country's economic growth.

India's recent expansion has been impressive. Since 2002, GDP has risen 7.5% per year or more. In 2005 and 2006, it hit 9% and 9.2% respectively. At the beginning of this year, economists spoke of ...

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