Indian economy might be fraud with lot of malpractises. Factors like population, illitracy, poverty etc. might be the causes of corruption. Apart from the growth-profit in indian economy, largely many consumer items are sold at a extremely low price even in standard markets without taking account of losses. Like for eg. the computer companies manufacturing pc dell, ibm etc at base prices of approx. 40k each. But i think even though its said to be sold for 40k, infact only 2k is paid. Thus several other commodities like cars, housing, electronic goods etc are sold at lesser prices everyday. Even middle class families boast of spending lakhs for their children's education fees and also overseas travel, infact spending less than 10%. This makes me to think that indians would be working for low wages like a miserable rut. In other words, the indian companies(gov & non-gov) does state high wages but gives only small amounts. This seems like the poor economy of burma with american capitalist style. Talking of dollars but living on cents and also having laptops, bikes, cars etc. And still many indians complain of poverty.