Any economy is based on resources and not money. Money is just the intermediate counter or currency that substitutes interim payment for the resources in return for an option to buy other resources.

But in India's case we have been at the losing end on both fronts. While our natural resources continue to be exploited by corporate Indian & foreign institutions at a below par price, even our money is being transferred away to Swiss accounts.

Because of this we are borrowing more and taxing more to fund our development which eventually never happens because a large chunk of this project money is again siphoned off, natural resources swindled & deployed resources wasted due to sub standard quality of work.

What this eventually does is make the situation more and more difficult for the people at the bottom of the pyramid who struggle to meet their daily needs because of inadequate infrastructure to provision their daily earnings for food, few opportunities due to shortage of resources and high costs due to inflation caused by currency imbalance.

So what do you think is the way out of this mess for India ? Do share your responses.