There are lot of things contributing to this mismanagement
Unlike China and Korea, India is not ethnically and culturally cohesive (I know China is a bit more diverse but not to levels of India).
The Economic Reforms started in 1991 soon lost stream by mid-2000s and there we no policy cohesion for reforms
Colonial two step, every Indian will not miss a chance to say how many official languages are there in India, but Indian economy discriminates against non-english languages, esp. in a set up where majority of public education is non-english. The effort of language development outside of Hindi is a state's mission, which itself has two or more official languages outside of English. So, only 20-30% of people who are educated in English medium has the ability to fully participate in the economy etc.
The point is India will straddle along, the West and South will lead the economic growth, where as North and East will drag along, and there is nothing changing in the near future.
Think China and India like the Hare and the Tortoise, China did the miraculous fast run esp. from late 90s to 2012 (when the miracle actually ran out of steam), and India will staddle and move along at 4-7% with ebbs and flows and will catch-up say, in 2050 (its my pure guess).
Unlike China and Korea, India is not ethnically and culturally cohesive (I know China is a bit more diverse but not to levels of India).
The Economic Reforms started in 1991 soon lost stream by mid-2000s and there we no policy cohesion for reforms
Colonial two step, every Indian will not miss a chance to say how many official languages are there in India, but Indian economy discriminates against non-english languages, esp. in a set up where majority of public education is non-english. The effort of language development outside of Hindi is a state's mission, which itself has two or more official languages outside of English. So, only 20-30% of people who are educated in English medium has the ability to fully participate in the economy etc.
The point is India will straddle along, the West and South will lead the economic growth, where as North and East will drag along, and there is nothing changing in the near future.
Think China and India like the Hare and the Tortoise, China did the miraculous fast run esp. from late 90s to 2012 (when the miracle actually ran out of steam), and India will staddle and move along at 4-7% with ebbs and flows and will catch-up say, in 2050 (its my pure guess).