When India’s Finance Minister Palaniappan Chidambaram presented the government’s budget this past February, he trumpeted the country’s vault into modernity. Economic growth is 8.1% and is projected to rise as high as 10% next year. India has completed its “Golden Quadrilateral,” a multi-lane highway that links New Delhi in the north, Calcutta in the east, Chennai in the south, and Mumbai in the west. The collective wealth of India’s 311 billionaires jumped 71% in the last year.

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