Here's how India can become an economically "developed" country by 2020

An economic agenda for India 2020
The Indian financial system suffers from a hangover of cronyism and corruption that have brought the government budgets on the verge of bankruptcy.
Subramanian Swamy - Former Cabinet Minister of Commerce

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Can India reach economic goals by 2020?

Map of India: Enormous population and economy. Mines the current state of India's economy and commerce in order to forecast changes that need to be made before 2020.

Notes that India must be viewed through the lens of democracy as it has become the government of choice in the global market, with the consent of the people guiding public policy. With a democracy already in place and a competitive market, India has distinct advantages over other developing nations.

As the population continues developing, so does the democracy and economy, and the government must be open to honest feedback from an independent press in order to adapt policies to suit the people. Authorities must empower the people to question policies and openly resist them, so that the government is accountable and the people can take corrective measures at election time.

History has proven a competitive marketplace creates a stronger system motivated by incentives and ambition, than a system dominated by governmental coercion. India should continue moving swiftly toward a complete democracy and away from a dictatorship. This must involve government institutions to regulate public resources, but the Indian people should be wary of any move to consolidate power at the top.