There seems to be a lot these days about India's growth, and I recently wrote an essay on the challenges that India will face as it continues along this road. I identified infrastructural issues as being the primary challenge. The problem is, how do you fix something that broad, and what is the best way to go about that?
Yes, you can get the private sector and the international community (in the form of MNCs) involved and get them to have a stake in the success of the country. Still, is it possible to fix a country with such a high population density? And how do you ensure that you bring up the whole country and not just the middle and upper classes? This is especially important in India, as more than half of the country is under the poverty line.
And, which infrastructural issue should be attacked first to best allow for trickle-down benefits? Electricity? Water? Roads? This is a tough but crucial issue. The fate of 1/6 of the world's population depends on it.