There are many things that all countries can do that may help a lot, but here are a few that may help India in particular. However, before I list a few of them, let me just state that India has prospered greatly in the past decade.
1. I think India needs to develop is equities market a little more. I know that foreign investors are bit worried about the stability. For example, Jim Rogers stated a few months back that he would not invest in their stock market.
2. India can also develop its infrastructure more - building a bullet train from major city to major city might be helpful. Things like this would definitely help in the economy in the short and long run.
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