The population of India is expected to eclipse that of today’s largest country, China, by about 2010. So the “social safety net” now being mooted in India will move that country down the road to collectivism by a vast quantum. The article in The Economist came complete with accounts of Victorian sensibilities in such matters from the reign of the Empress of India herself, echoing the Dickensian motif of my own Daily Article on the subject of such developments in China.
Last year, there was $4,654 in China’s GDP for each of their citizens, while in India there was $2,538. If the ways in which the two giants deal with the disadvantaged among their billions continue to diverge, it will be interesting to watch developments in this statistic of the welfare of all their citizens.