b' For a nation that has one of the highest growth rates in the world, India is\nplagued by poverty and corruption. Sixty years after Independence, India\naccounts for around 36 per cent of the worlds poor. The deepening fault lines\nbetween the haves and the have-nots have given rise to skewed development and\nwidespread discontent.\n\nWilliam Nanda Bissell, Managing Director of the successful Fabindia chain,\nbelieves Indias poverty is a direct result of its poor management by ruling\nelites who have mastered the art of winning elections but have no interest in\nthe deeper issues of governance. He argues that economic development that\nconsumes large amounts of natural '