and since then, highs of 6.5% in 1998-99. India’s performance in the soft infrastructure with its exceptional growth in the IT sector has changed the perception of the Indian economy to a major extent, along with its good legal structure, corporate governance, banking system, financial sector, property rights security, its skilled manpower and young work force, has made it the new economic icon of INDIA-CHINA CHRONICLE Aug - Oct '09 - www.icec-council.org 13 19 21 18 15 16 17 20