If you want to make India a developed nation, simply do what developed nations do; the government governs, make laws, enforce them; maintains transparency using technology and most of the business is left to corporate.
Governments are not meant to run the businesses and the problem here is aggravated by reservations and political setup.
If at all it is necessary in a few cases, encourage PPP (Public Private Partnership) and create self funding development models using private sector.
The biggest dilemma our country faces today in my opinion is that it is unable to characterize itself clearly. It is a mix of all capitalist, socialist and political world.
While an overnight change would be impossible, small steps definitely will count.
Let us start with privatization of all PSUs and aim at generating enough ENERGY to POWER the ideas of 125 Million minds.
A great initiative by resurgent India…