India is developing country.A pause is being faced in last 4/5 years due to inaction by the govt and the ratting agencies like S&P are trying to project our country as junk economy ie an under developed economy ,Govt should be more active and should strongly oppose the attitude of such ratting agencies .
it is a myth that rich will aid poor with out any benefit. If developing countries are getting investment it is only from people of those nations or from inside economy. Any investor expect multiple benefits of return
We have to first decide if we want to be categorised as a Developing Nation, or one aspiring to be clubbed with global emerging economic powers. We cannot be fence sitting, which generally is our attitude.