India and China have led the share of World GDP throughout history But India now lags very behind China

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Via Infogram
Amartya Sen offers one reason for why India has not caught up to China's level of wealth: lack of investment in basic education and health infrastructures:

Why is China surging ahead of India now? One answer is that India has paid inadequate attention to the lessons of Asian economic development, which gives a crucial role to the rapid expansion of human capability as a part of pursuing fast economic growth. A critical part of that strategy has been the use of public revenue, itself expanded by economic growth, to remove huge deficiencies in social, educational and health services, and to meet the growing demands of social and physical infrastructure, while making public services more accountable and efficiently organized. - Amartya Sen, Indian Economist (21/06/13)


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