current situation of socio economic people in india

To emerge as a great social economy in the world, the main aspects needed are wealth, manpower, and a master brain. India has all these. But the problem is the political status, and the major obstacles involved. Take for instance japan, now sri lanka, or even the maldives or singapore. All are small countries, but yet, they manage things well. When all the obstacles are cleared, India will surely reach that place.