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From an agro based economy it has emerged as a service oriented one.
3. From the low-growth of the past, the economy has become a high-growth one in the long-term.
4. After having been an aid recipient, India has now joined the aid givers club. India has become a net creditor to IMF, since July 2003.
5. Although India was late and slow in modernization of industry in general in the past, it is now a front-runner in the emerging Knowledge based New Economy.
6. The Government is pursuing reforms and liberalization not out of compulsion but out of conviction and consensus.
7. Indian companies are no longer afraid of Multinational Companies...
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