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Why is India poor? What can be done to change this?

I am looking to go beyond the obvious reason which is quality of institutions (including corruption) and infrastructure. For a nation of 1.2 billion, even if the institutions aren't that good, it should be possible to fix things, right?

I think we can learn a lot from history and evolution of distribution of wealth in the world. Look at this chart: http://2.bp.blogspot.com/-V_zsRrVZd4w/T_B-rIF6v7I/AAAAAAAAGhE/JdlSo4iwtGU/s1600/Economic+history+of+world.png

This shows a shocking shift of wealth off India in only as much as past 300 years. Caste system and all have been here since ever, so there has to be a deeper reason. Also, as much as I agree with Technology being the reason, I don't really see it as the reason, unless we want to be developed EXACTLY in the way as the west is - there CAN be multiple other ways of being wealthy - and the tech way of using minimal human capital and mechanization while may be the best for the west where humans resources are scarce, it may not be the best way for our human-capital rich society - wonder how much we can do with sooo many hands! And still, we are just struggling to feed those mouths :(

So I guess the question is calling for a critical analysis of what has brought about the condition shown in this graph, where India houses the max poor in one country: http://3.bp.blogspot.com/-cXku0S7O-N0/UA1lK_DhtbI/AAAAAAAAAgE/0FduwIJQhZ4/s1600/regional-ineq.JPG

By the way, a disclaimer here is a must on my background so that you do not think this is coming from a very narrow mind - I am not casteist, am highly educated, and am IIT B.Tech. grad - so a big promoter of tech (tech I think is awesome for me and the likes who like it, but still don't see mechanization as the solution to human state).


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    Apr 9 2013: Why is India Poor?

    The Answer is simple :
    Its mainly corruption . The demon of corruption has literally destroyed our country economically, morally. Our so called 'Leaders' have no clue what they are doing and whats going except a few of them.

    Poverty leads to lack of education which inturn leads to more and more uneducated people choosing politicians from criminal backgrounds as their leaders . This results in more black money getting stashed. Poor judiciary reforms makes things even worse.

    Last but not the least , is when the educated class is not interested in National politics so either they don't go out to vote or even if they do they are outnumbered . I am not blaming the uneducated class. But this lack of awareness is the root cause of poverty in country. But the good signs is lot of movements are taking place , through social media awareness is slowly being created. So definitely our country will not remain poor for long:)
    • Apr 9 2013: It is tough to get to vote these days, as we keep changing residences and cities..

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