India’s 21st Century Challenge: Scientific Education
Economists agree that a country with a knowledge-based economy will take global leadership in the future. However, will India participate in the global competition and be a serious contender?
By Kathan Shukla
Jun. 17 – The Indian economy, amid a global slowdown, is likely to grow by about 6% in 2013-14. However, if India wants to become a developed nation, it has to pursue scientific research.
Take the iPod for example, a product developed by Apple, an American company, but manufactured in China. The manufacturer in China receives about $4 out of the sales price of $299. The other $295 goes to component suppliers and product developers in the United States.
The country that holds patent-rights and develops global brands benefits most. If India wants to become a developed nation and compete with China and the United States, it must develop global brands. The first step in this direction is scientific research. Continue Reading
















June 13 – India and Myanmar formally committed to strengthening their bilateral trade and infrastructure investment relations during last week’s
Jun. 4 – German chancellor Angela Merkel on Sunday promised to intervene on China’s behalf in its dispute with the European Union over the import of solar panels, deepening an economic relationship that already accounts for nearly $200 billion in global trade.