In 2011, Indians are more free in India than Americans in US. Your life is not an open book to the government like it is in US. Your finances are not 100% in the face of electronic tracking. I presume 50% of the economy does not show up on any books. It has its ills. Lack of proper taxation leads to poor infrastructure. Flip side the underground economy in completely legitimate products is capitalism to its ultimate.
India has a lot going for it in the realm of higher education.
Electric car manufacturers (like Reva) are beginning to taking a foot hold as well. India will be more nuclear than US because that is the only hope. I feel India is on the right track. give some time. it could end up exceeding China in the next generation.....
one thing that you do not hear about is "hi-tech" investment by the country in military. India will become a major power in economy AND military might.Investment is pouring in from all parts of the world. "Hi-tech" was focused on service oriented jobs, and now that has changed and a lot and VCs from the silicon valley and Europe are investing in the country and so are big corporations.
It is a democracy where the have-nots kick out technocrats in favor of communist party candidates AND THAT IS TRULY DEMOCRACY!!!!!!!!!!
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