Since many Indian companies are growing at impressive rates, with annual gains ranging from 15% to 25%, India is supposed to become the fastest-growing of the world's major economies over the next 50 years. But it will happen in actual; it is difficult to say, because there are many factors which are totally counteracting the growth of Indian Economy. Yet more than 300 million people in India live on less than $1 a day, with 500 million others earning less than $2. About half of female Indians are illiterate. India also has the world's second largest HIV population.
These facts reflect just how polarized India is. If there exists highly educated entrepreneurs which fuel a world-class economic boom, in sharp contrast there are also exists the destitute masses which are not even able to earn the two time of there food. This huge difference in living is the biggest challenge in front of India .
Although India 's rising middle class is young and not expected to age as fast as those in other countries, this is not the central reason for India 's seemingly chaotic distribution of wealth. One of the reason of this is India 's ruling body is corrupt. Nearly 20% of Indian Parliament has been accused of crimes such as misappropriation, rape and murder.
On the other side India 's diversity offers hope. Growth on the international stage is fueled by homegrown entrepreneurs who overcome obstacles and bypass bureaucracy by virtue of hard-won education and skills. Entrepreneurs are positioned to benefit from any upturn in India 's economy. And it's this bottoms-up growth that appears to be so chaotic to many observers.
