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The premise of this suave and unabashedly free market overview of the New India-the rising economic powerhouse-is that ideas lead economic and social policy rather than the other way around. It's not a consistently held position, however, as Nilekani, cochairman of the board of directors of Infosys Technologies (a leader in India's burgeoning IT sector), refers in the same breath to a longstanding (postindependence) antipathy to teaching English reversed by its economic advantage in a global market. Theoretical consistency aside, the author makes a bid for a centrist position in the globalization debate. His focus rests on India's particular domestic and international advantages in such areas as population, English proficiency and information technology. But there's little separating his take on India's recent past (hobbled by Nehru-era socialism) or best present course (embracing "globalization," seen as a harmonious and harmonizing amalgam of democracy, equal opportunity and resource access) from such neoliberal champions as Thomas Friedman (who supplies the foreword). Readers inclined to a free market perspective will find Nilekani eminently reasonable, if less than startling; those seeing it as antithetical to an equitable and sustainable future will meet a familiar frustration on nearly every page. (Mar.)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.