Congratulations to people of Brazil...The citizens will be a proud lot as they pip Madrid and much hyped Chicago for 2016 Olympic bid. Brazil now features in an elite club of countries who have opened their doors to the world's best atheletes. This will surely be a big booster for Brazil's developing economy as well. Brazil now becomes the third counrty in the BRIC quartet (Brazil, Russia, India and China) to have got the opportunity to host the ultimate sporting event. Left alone is India, who sometimes ago had dreams of making a bid for the 2020 olympics.
However, India's successful bid largely depends on how Common Wealth Games 2010 (CWG) are organized by India. Currently, things don't seem too positive for India. The work lags behind and probably would not be finished before deadlines.