The problem with India is that internal demand for products is negligible, people aren't spending, everyone's saving! And a lot of people don't have employment. It's overburdened by taxes.
Country has many manufacturers but no retailers willing to sell the produce.
Country is developing very fast, when you can't buy pvc pipe, MDF, custom cut glass online?
There is no company selling screws online in India, strange!
Local businessmen do not want to take any risk.
When internal demand and supply is dead. Opening market for iPhones gonna put downward pressure on currency.
I am not saying, it's a bad move. It's welcomed move, I suggest India open its market for foreign manufacturers and companies, so that they are able to sell here anything duty free.
But this will lead to a massive correction on the currency value which is long overdue.
If currency loses it value entirely, I think the government will mandate private household gold be sold to the government at fixed rate set by government which will be used to pay for gas/petroleum import once the currency tanks.
India's currency will definitely tank if it opens itself up.
But there is massive amount of household gold which can be used to support the currency and bring it back up.
This will honestly make people more equal specially in country where there are many havenots, strengthening the currency should be lot more important.
Annexing private gold holding should be next big step after demonetization.
1. Skilled workforce
3. Rule of law
Present India lacks all 3 in one or the other way and indeed moving towards authoritarian government with shutting down internet at will, arresting people for post critical of govt or it's ministers    . Looking at what's happening with economy, fudging economic numbers, large young unemployed youth, faltering manufacturing sector. These are ticking timebomb.
Obviously the major beneficiary has been south east Asia, especially Vietnam. Not sure India can take advantage.
As for the rule of law, India is severely underpoliced.
While the current Government is indeed authoritarian, it's a major improvement over the previous ones when we include national security in the picture. Also, the region where Internet was shut is Kashmir, which is heavily infested with Pakistan-backed terrorism.
Like Trump uses China to gather support from population and disregard the economic reality, current Indian govt uses Pakistan. These are just political moves. It results in loss of average citizens freedom and affect economics, but help the incumbents as history shows.
They need to get rid of income taxes and GST.
Honestly, if they do not do this now - there will be nothing to tax in future.
Permits, licenses also need to be removed barring some sectors which include healthcare, education and food.
Also land is a big problem in India, government should overtake all the land and lease it out for good use and not allow any person or entity to own land. People seeing land as a store house of value is really bad thing!
Get done with import duties because this is making local manufacturers weak (use indigenous shoddy tools you end up with shoddy output), remove unfriendly rules which prevent foreign players from selling their expertise here.
Annex private gold holdings, it will be next big thing after demonetization. It will make the citizens more equal.
People should know if there is anyway to get rich is not by hoarding land or putting money in bank, but by starting business.
India still has a long marathon ahead, might take a decade or two to just let people start business easily . When it cannot even help keeping existing business open, its wishful thinking to create an environment to flourish business.
But don't worry economy is not important factor in Indian politics, so its alright the incumbents will continue to pursue other agendas especially the one which secure them vote bank based on divisive politics.
Which section of the Constitution permits the Government to do that?
I'm really rooting for India here, the largest democracy with fast growing economy and very young population. Even if 21st century is going to be dominated by Asia I'd rather see India take the leading role than China. Among other things it would also make sure that East Asian disdain for darker skinned people and China's obsession with surveillance won't become a dominant global culture.
India is no panacea on this front. Modi is a Hindu nationalist and if you're expecting India to be a democracy in the vein of Western liberal democracy with enlightenment values, you're in for a surprise.
It is not Norway or Sweden, but its not an autocracy. India built its version of Democracy that is worth it.
Modi and Hindu Nationalism are the present - they were not there in power 7 years ago and 7 years from now, a new PM and Party will come.
India is no Turkey and farther away from China.
The Supreme Court doesn't appear to have the will to stand up to the govt. In fact, it actively encouraged the disenfranchisement of citizens.
The press has been largely brought in line. 
India may be well on the path to becoming a Turkey.
Supreme court of India is giving passes to meet people in curfewed Kashmir, and asking them to just meet and not do anything else (i.e. report on human right violations).
It is amazingly surreal to see this repeat again. Anyhow, how can a democracy use medieval rule like curfew on 10 Million people. Entire province disconnected from the world and themselves.
China on the other hand has put entire state's population in concentration camps and changed demography in other occupied territories such as Tibet.
The reason here is not fear of terrorism, because the security theatre exists perpetually, but India does not want its suppression of a minority population to be aired out openly in media esp western and social media.
Contrary to what the parent claims, it's unlikely that people who loose citizenship will be kicked out of the country as India doesn't have any agreement with neighbors in this regard.
It is disingenuous to say that Hindu Nationalism is a recent phenomenon of last 7 years. It has a long history by now in India.
I might add that I don't disagree with the Indian government being Hindu nationalistic, and I am happy to discuss the flaws of the Indian government, but not under this notion that we are somehow in the same bucket as China, and that only the west is holy in the world.
I didn't say India was the same as China.
>and that only the west is holy in the world.
If you're a minority of any kind, you're better off living in a Western liberal democracy than anywhere else in the world. That doesn't make it "holy", but that does make it better.
Does the US count as a Western liberal democracy? Because the incarceration rates of Black people in the US would certainly suggest otherwise.
The biggest factor in how well off people are in any country is economics, so unless you match up the economic factors, making any comparison of this sort is not useful.
India's treatment of minorities is much better compared to the treatment of minorities in Pakistan, Bangladesh, and Sri Lanka. While China is not a fair comparison because of different economic models, India does much better than China none the less.
In US, you are free to eat beef. And some people have depression which is reportedly only gets better if they consume beef. You can Google "read meat+depression" to learn more. If you are in India, pretty sure it will be very difficult for anyone to follow that diet.
Where is freedom of speech in India? All these things are anti minority.
The availability of low cost prescription drugs definitely is a part of fixing class warfare, that the US is doing nothing about.
And last I checked, chicken, lamb, pork are meats too, and the studies are on vegetarians and there are contradicting studies too. And if you want to tell me that people need to eat only beef to get better, then you better have some solid evidence for that.
India needs work in free speech, no doubt. But minorities do get to have a voice. They are free to participate in the democracy, publish newspapers, write books (and there are plenty of books written about addressing casteism in India).
I never argued India is perfect. I am just telling people to get off the high horse. There are things India does better than the US too. And unless the west is willing to absorb the Asian population, the comparison is particularly useless since people are not just going to be uprooted and moved to the US.
While I appreciate what Western democracies are doing w.r.t. Human Rights, they have their fair share of bad treatment of minorities. Racial discrimination comes to my mind.
If I understood this comment correctly, after another 10 years the 1 child policy will no longer be in effect? What are the chances it'll be extended? What are they doing to prepare for the population boom?
Needless to say, the "CEO move" of the next person in the WH will be to "undo" just about everything the previous president has accomplished, and this in particular will be reasonably easy to undo (because the other side is eager to return to the status quo whereby they just steal our IP and fleece us to the tune of hundreds of billions of dollars a year through currency manipulation). On top of that the next president will be under intense pressure from their corporate donors to undo it.
I was surprised how little attention that story (https://nypost.com/2018/03/15/inside-the-shady-private-equit...) got in the media.
Yet all we hear in the news is made up bullshit about Russian oligarchs co-signing Trump's loans (retraction coming today BTW).
I think "accomplished" comes with positive connotations. To successfully achieve a task, you need a task with a defined goal. And unless the goal was global chaos, there are no accomplishments here.
Name another president who re-shaped American trade with that many treaties - I cannot think of any one in the past 50 years.
An over-extended america wants vacation - stylistically it make look a bit different but substantively "american retrenchment" is baked in 2016 no matter who the president is.
- Tariffs made us move production to Brazil and India.