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Respect for the rules

There may be a million reasons to lose hope in India, but I see three reasons why the future of this country is secure. The first is that India is being dragged, kicking and screaming, to a rules-based regime. The second is that the information asymmetry that traditionally allowed the haves (as in those with information) to lord it over the have-nots is eroding and might soon cease to be.

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