I wrote a piece about seven months ago, predicting a theocratic leadership in India. I was overly optimistic, although I believe the trend is there for a change in that direction. India needs more generation of electricity, to enable the building of various infrastructure, such as roads, more railways, factories, power irrigation of farms, and so on.
The railways have been in need of improvement for a long long time, and so has the housing sector. The average working Indian does not travel in comfort on the overcrowded trains, nor does he live in comfort in housing where the electricity often cuts out, and water supply is not always there, meaning he or she has to wake up in the middle of the night and fill pots for drinking water and for bath.
There are said to be nearly 10,000 school places vacant which were meant to be reserved for the poor. What has gone wrong?
Once a concerted effort is made to address such issues, India could serve its population better, and perhaps a further cut in the repo rate would help all and ensure growth in place of an industrial slowdown.
India has tremendous potential for growth, which will evolve with the right policies.