Abstract
The Indian society is currently undergoing a period of rapid changes. The first and most fundamental change is economic growth. For decades prior to the 1992 liberalization, the Indian economy has grown at no more than 3.5 percent per annum. Since the reform, it has started to grow on average at no less than 6 percent a year.2 This, as is widely acknowledged, has heightened both social and spatial inequalities.3 The second change pertains to population growth and demographic transformation. Today in India almost 50 percent of the population is young, between the ages of 16 and 40. That means nearly 600 million people4 will be registering or have newly registered to vote. They will be searching for fulfilling jobs, sustainable livelihoods, adequate housing, among other matters.
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© 2016 Yin-wah Chu
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Vaddiraju, A.K. (2016). Indian State and Its Capitalist Growth: Success of a Democracy with Multiple Challenges. In: Chu, Yw. (eds) The Asian Developmental State. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137476128_12
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DOI: https://doi.org/10.1057/9781137476128_12
Publisher Name: Palgrave Macmillan, New York
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