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India's recent economic performance has been attracting world attention, but the phenomenon needs to be appreciated in the larger context of its long history. After a thousand years of decline, India is re-awakening not just as an economy, but as a civilization. The country now has a genuine opportunity to re-establish itself as a major global power. Since the beginning of its journey of economic progress in the 19th century, India has been passing through difficult phases.From times when there seemed to be no road ahead during the decades of socialism, to the pain of restructuring in the...