- Apr 2015
India's problem is too much socialism. India need to get rid of the left leaning economic model for the sustainable economic growth.I don't think there is any one shot easy solution here. There are just too many hurdles with respect to India, and most are related to culture such as behaviors, discipline, work ethic, corruption and so on. There has to be major changes in the Indian society, but Indians are very resistant to cultural change, compared to the Far easterners. India will progress, but it will be in its own way. Will it ever be a modern nation? I am not so sure.