In India we have land, labour, capital. But knowledge and entreprenuer are missing. We need a lot of courageous people like him who can risk their time, effort, money to set up business. That will creat profit for him, job for unemployed. Problem is many people just want to do any small job and live a lezy life. Thats not gonna work if we dream to make india a super power. we need people who can set up business offices/shops etc. Also knowledge is missing. We have to set up system where if entreprenur want to start business knowledge should be easily available to him about market, product, service etc Then he will feel confidence and start business. America is richest nation because it provide money, knowledge everything to its citizen who want to start business. And u must know that more than 50% of american are working in smaller business. That generate income for people easily and tax for govt. Then govt. has a lot of money to provide best infrastructure. the cycle goes on. Now china is following same mantra.
