Top 10 ways to improve India economically by 2011 - How to do it??

1. India has agriculture based economy. Government should concentrate to reduce floods and drought. This will improve our grain production and creates more happy farmer base.  Also reduces our dependency in purchasing food items from other countries.

2. India is known for its culture, ancient architecture and diversity. Hence second area should be tourism. Brand name of "Incredible India" need to be marketed.

3. Last but not least, India is also know for its intellectual people. Hence government should invest on infrastructure such as roads, electricity (preferably solar and wind) etc.. to bring more intellectual based work to India and ratify the brand image.

Despite of a huge progress in primary education sector in recent years, India still lacks hugely in number of Universities; both quality and quantity wise. Though the Right for Education has been made a Fundamental Rights under Eighty-Sixth Amendment in 2002, still the literacy rate is around 65%.This is much lower than the worldwide average.

Besides, high dropout rate and poor education system are also source of major concern. Our demographic dividend will turn into a huge liability if we fail to empower our people through skill development, for which good education is an essential pre-requisite. Thus reforms in education must rank first on any agenda for faster economic growth.

Govt shud emphasize and boost to set up small scale industries in small cities and villages. This wud in turn lead to productivity in terms of manufacturing sector. India is rich in resources still imports a lot of goods from neighborin countries as well as far abroad. In trun to that due to manufacturin boom this gap will reduce and in turn it wud imrove the economy of india. On later stages of this one can expect to Export and earn revenue there boostin Growth.

2011 is too short term/goal. Hence I am suggesting this Idea. If the central government can explore an augment atleast 11 more opportunities similar to 3G/BWA in any sectors, with a minimum revenue generation of 12 lakh crores (external debt of India), then we are a debt free country.

One of the suggested method is to change the currency note format of the whole country, entailed with a brand new fiscal policy. This will force conversion of 100% black money into white. Justification - 

1. All Black Money maintained in currency format will lose value and become a pile of paper. The actual quantity of currency in the system can be reprinted and put back into circulation.  

1. From a situation of GOI requesting swizz or other foreign banks to reveal black money details, trend would reverse to they approaching GOI to exchange the papers they have to new currency, which gives bargaining powers to Government to ask for details of Blackmoney holders if we have to exchange the invalidated currency to valid Indian Rupee.

Mass production of quality products and catch world market, increase exports. This can improve Indian economy fast.   

I completely agree with Shweta here. Besides that the Govt. should have a credible fiscal policy.This point should come only after we have attained governance improvement and created numerous job sectors to bring more people out of the poverty line. Fiscal policy should be adapted in form of “more credible medium term plan” as to reduce spending and/or increase government revenues.