India to be major economic superpower within next decade: Wonacott

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Kolkata, Feb 4 (UNI) India and China would emerge as major economic superpowers within the next decade, senior correspondent for South Asia of the Wall Street Journal (WSJ) Peter Wonacott said here today.

Speaking at a seminar, organised jointly by the Journalism and Mass Communication department, Calcutta University, and the US Consulate General Public Affairs Office here, Mr Wonacott asserted that increasing demand for information and awareness about the latest developments taking place in these countries, both in print and electronic media, had testified the fact.

'' Earlier, the WSJ had just one single correspondent covering the entire vast region of South Asia. However, now it has appointed as many as ten correspondents for China and four correspondents for India, which would very soon see a multiple increase, '' the senior journalist stated.

He said the attacks on the World Trade Center on September 11, 2001, had brought about a profound change in the perspective of the Western countries and the way they viewed South Asia.

'' Earlier, what happened in the remote tribal-dominated areas of Pakistan was of least consequence to the developed nations. However, the attacks on the twin towers and the shadow of terrorism threatening to engulf the entire world has forced the international media community to focus the spotlight on South Asia, which in turn has shaped the Western superpowers' priorities, '' Mr Wonacott opined.

He also averred that the internet and 24x7 live coverage of momentous events occurring throughout the world had changed the people's reading habits and preferences, with breaking news being filed online first and minute-by-minute updates being flashed on TV screens.

Consequently, it had become imperative for the media fraternity worldwide to shoulder greater responsibility, as it would not be possible for the newsmakers to be commercially viable unless they first became reliable.


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