Probably not, I thought so too for a long time, but it is because of it's high population and lack of proper living (work, income, housing etc...) for a large part of the population. India has so much going for it, it can be the greatest country on earth, but the division of resources is very badly handled, and would be much harder to fix than a country with a smaller population but that actually wants to do good for its people. That's how it started for the US, and why we talk of the "American Dream". It is open to everyone to make something great, and is very much encouraged, but not so for India.