India's Slipping Economic Growth

Prof Tyler Cowen writes in NYT about India's slipping economic growth:

http://www.nytimes.com/2012/05/06/business/economic-view-forget-europe-worry-about-india.html

Another worry is that India’s services-based growth spurt may have run much of its course. Call centers, for example, have succeeded by building their own infrastructure and they often function as self-contained, walled minicities. It’s impressive that those achievements have been possible, but these economically segregated islands of higher productivity suggest that success is achieved by separating oneself from the broader Indian economy, not by integrating with it.

Clearly, there's going to have to be a change of govt at the centre before India can resume healthy growth.