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What India can do to be #1 in the world?

India, a nation which accounts for population over 1200million the second largest in the world followed by China. Centuries back there was one country which covers about 60% of the world's GDP and that was India which is now having less than 1% of the same. India is the fastest growing nation followed by USA, China and Japan with GDP of 1.3 trillion.

Still India's net trade is deficit despite of having the maximum resources and the reason is inefficient utilization of resources. Indian government needs to strategize its utilization of resources and certain other things like:-

• India should maintain reserves for its own agricultural resources as USA is keeping of its oil wells, so as to have an effective use at the time.
• Industrialization should be given preference by privatizing power which will definitely increase the pace of GDP.
• Proper transportation facilities can be given by providing adequate roads which can lead to use of electric two wheelers leading to efficient use of resources.
• Easy opportunities for SMEs to grow and expand in International market. 
• Ban on imports of goods which are affecting domestic market and improving the BOT.
• Collaborations with MNCs for latest technological up-gradations and reach of every small enterprise to such technology should be possible.  

A nation can never progress until the people of the nation works together for the entire growth and development. Today China is #1 because it is People's Republic of China where every individual adds to national GDP.